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Question

The demand curve shows that price and quantity demanded are________.

A
directly related only
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B
directly proportional and also directly related
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C
inversely proportional and also inversely related
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D
inversely related only
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Solution

The correct option is D inversely proportional and also inversely related
Law of demand states that when price increases, the demand for the commodity falls and when price decreases, the demand for the commodity rises.The demand curve shows that price and quantity demanded are inversely proportional and also inversely related.

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