The principle that there is a direct relationship
between the price of a good and the quantity sellers
are willing to offer for sale in a defined time period,
ceteris paribus, is the ___________.
Q116: Which of the following will increase the demand for
large automobiles?
a. A fall in the price of small automobiles
b. A rise in insurance rates for large automobiles
c. A fall in the price of large automobiles.
d. An increase in buyers’ incomes (assuming large
automobiles to be a normal good)