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The Demand Curve
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The Demand Curve
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3. The Market Forces of Supply and Demand / The Demand Curve / Problem 3
Problem 3
In the context of Supreme Pizzas, what does a downward-sloping demand curve indicate?
A
As the price decreases, the quantity demanded increases.
B
As the price decreases, the quantity demanded decreases.
C
The quantity demanded remains constant regardless of price changes.
D
As the price increases, the quantity demanded increases.
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