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An inverse relationship between price and quantity demanded implies that

Economics
JAMB 2005
An inverse relationship between price and quantity demanded implies that
  • A. the two variables change in opposite directions
  • B. the two variables change in the same direction
  • C. only one variable changes
  • D. the two variables remain unchanged
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Correct Answer: Option A
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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