As the price of oranges rises, the quantity of oranges demanded ____ and quantity supplied ______. a. Falls, Rises b. Falls, Falls c. Rises, Rises d. Rises, Falls

Question: As the price of oranges rises, the quantity of oranges demanded ____ and quantity supplied ______. a. Falls, Rises b. Falls, Falls c. Rises, Rises d. Rises, FallsAs the price of oranges rises, the quantity of oranges demanded ____ and quantity supplied ______.
a.
Falls, Rises
b.
Falls, Falls
c.
Rises, Rises
d.
Rises, Falls
Option A As per the law of demand, there is a inverse relationship between price and q…View the full answer