The law of demand, assuming other things to remain constant, establishes the relationship between :
A. income of the consumer and the quantity of a good demanded by him
B. price of a good and the quantity demanded
C. price of a good and the demand for its substitute
D. quantity demanded of a good and the relative prices of its complementary goods
Answer:B
The law of demand, assuming other things to remain constant, establishes the relationship between :
A. income of the consumer and the quantity of a good demanded by him B. price of a good and the quantity demanded C. price of a good and the demand for its substitute D. quantity demanded of a good and the relative prices of its complementary goods