If the price of lettuce increases in Tulsa, the quantity of lettuce demanded will most likely:?
Increase considerably.
Decrease.
Not change.
Increase, but only slightly.
Decrease to zero.
Answer:
Decrease: this is the basic law of demand, as prices rise, demand (or in this case quantity demanded) goes down.
Decrease
it can go either way. the stupid studies of economics would say decrease but my logic says its not that predictable.
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