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Question
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Posted 6 months ago

According to the law of demand, what happens when the price of a robotic sandwich stuffer decreases?

Choose 1 answer:
(A) The demand for robotic sandwich stuffers decreases

B The supply of robotic sandwich stuffers decreases
(c) The quantity demanded of robotic sandwich stuffers increases.
(D) The demand for the stuffing used by sandwich stuffers decreases
(E) The quantity supplied of robotic sandwich stuffers increases
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Answer from Sia
Posted 6 months ago
Solution by Steps
step 1
To address the question, we refer to the law of demand in economics, which states that, ceteris paribus, when the price of a good decreases, the quantity demanded for that good increases
Answer
C
Key Concept
Law of Demand
Explanation
The law of demand indicates that a decrease in price results in an increase in quantity demanded, not a change in demand

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