according-to-the-principle-of-ceteris-paribus-what-happens-to-the-quantity-deman

Question

According to the principle of ceteris paribus, what happens to the quantity demanded when the price of a good increases?

Accepted Answer

The quantity demanded decreases.

Answer

The quantity demanded remains unchanged.

Answer

The quantity demanded increases.

Answer

The quantity demanded fluctuates unpredictably.