The law of demand implies, holding everything else constant, that
A. as the price of bagels increases, the quantity of bagels demanded will decrease.
B. as the price of bagels increases, the demand for bagels will decrease.
C. as the price of bagels increases, the quantity of bagels demanded will increase.
D. as the price of bagels increases, the demand for bagels will increase.
Answer:A
The law of demand implies, holding everything else constant, that
A. as the price of bagels increases, the quantity of bagels demanded will decrease. B. as the price of bagels increases, the demand for bagels will decrease. C. as the price of bagels increases, the quantity of bagels demanded will increase. D. as the price of bagels increases, the demand for bagels will increase.