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Paper 1 · November 2010 · Demand and Supply

In a typical demand schedule, quantity demanded

Avaries inversely with price.
Bvaries directly with price.
Cis independent of price.
Dvaries proportionately with price.

Explanation

The demand curve is downward sloping, meaning quantity demanded varies inversely with price (law of demand).

ZIMSEC Economics Paper 1, November 2010, Q3

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