According to the law of demand, when the price of a good or service increases the quantity demanded .
A.
stops
B.
increases
C.
decreases
D.
is unchanged

The correct answer is C. Decreases.

Explanation

The Law of Demand is an economic law that is used to explain the relationship between the price of a good and the quantity of demand for it. In this relationship, generally when the price of the good increases, the buyers show their dissatisfaction by reducing the acquisition of this good, so it is established that when the value of good increases, its demand decreases. Likewise, this relationship is also characterized by increasing demand for the same good if its value drops dramatically. According to the above, the correct answer is C. Decreases,

1 a

2 c

3 c

4 b

5 a

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sir thomas more, venerated in the catholic church as saint thomas more, was an english lawyer, social philosopher, author, statesman, and noted renaissance humanist. he was also a councillor to henry viii, and lord high chancellor of england from october 1529 to 16 may 1532.