AP Macroeconomics 1.4: Economic Decisions
Use marginal analysis to compare additional benefits and costs when making economic decisions.
- Syllabus
- Effective Fall 2025
- Course
- AP Macroeconomics
MKT-2.A—a. Define (using graphs as appropriate) the law of demand. b. Explain (using graphs as appropriate) the relationship between the… question 1
[Maximum number: 1]
Which statement best describes the law of demand?
A
When price increases, demand decreases.
B
When price increases, demand increases.
C
Price and quantity demanded are inversely related.
D
Price and quantity demanded are directly related.
E
The demand curve is always upward sloping.
C
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