McqMate
| Q. |
According to law of demand |
| A. | Higher the price higher the production of the product |
| B. | Higher the price lower the cost of production |
| C. | Lower the price higher the demand for the product |
| D. | Higher price higher the quantity the more the consumer demand |
| Answer» C. Lower the price higher the demand for the product | |
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Fundamentals of Economics and ManagementNo comments yet