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If the price of a product were to go down, then what would happen to the quantity demanded of that product? Multiple Choice Quantity would increase Quantity would be decrease Demand would increase Demand would decrease Demand and quantity would stay the same
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Answer #1

According to law of demand, if the price reduces quantity demanded increases and if the price increases, quantity demanded reduces and that is the reason the the demand curve aha a negative slope.

Therefore (a) Quantity demanded would increase is the answer

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