According to the law of demand there is ________ relationship between price and quantity demanded.

A) a positive
B) a negative
C) either a positive or negative
D) a constantly changing

Law Of Demand

The economic principle stating that, all else being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.

Quantity Demanded

The total amount of goods or services that consumers are willing and able to purchase at a specific price level.