gibsoncrystal84361 gibsoncrystal84361

23-12-2022
Business

Answered

Assume that the demand for apples is downward sloping. If the price of apples falls from $.80 per pound to $.65 per pound, which of the following will occur?
A. A smaller quantity of apples will be demanded.
B. A larger quantity of apples will be demanded
C. Demand for apples will decrease
D. Demand for apples will increase
E. Supply of apples will decrease

Answer :

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