Question

1. according to the law of demand, the quantity demanded of a good in a given time period:○ increases as its price increases○ decreases as its price decreases○ does not change due to a change in price.○ increases as its price goes down

Explanation:

The law of demand states there is an inverse relationship between the price of a good and the quantity demanded, ceteris paribus. When price falls, quantity demanded rises, and when price rises, quantity demanded falls.

Answer:

increases as its price goes down