Top Posters
Since Sunday
38
o
10
j
9
m
9
C
8
s
8
a
8
f
8
y
8
n
8
d
8
M
7
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
kitkat867 kitkat867
wrote...
Go to Answer
Posts: 97
Rep: 1 0
2 months ago

Which of the following is consistent with the law of demand?



▸

People substitute higher-priced goods for higher-quality goods.



▸

People substitute some higher-priced goods for other higher-priced goods.



▸

People substitute lower-priced goods for higher-priced goods.



▸

People substitute some lower-priced goods for other lower-priced goods.

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 51 times
1 Reply
Replies
Answer verified by a subject expert
oldgreyvlegsoldgreyvlegs
wrote...
#1
Posts: 106
Rep: 1 0
2 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

People substitute lower-priced goods for higher-priced goods.
1

Related Topics

kitkat867 Author
wrote...

2 months ago
Thanks
tcat
wrote...

Yesterday
Thanks for your help!!
DragonHeart
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  262 People Browsing
 190 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4379
  
 318
  
 713
Your Opinion
Do you believe in global warming?
Votes: 365
Previous poll results: Should Ph.D.'s be addressed as doctors?