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The law of demand states that other things being equal there is:

[A].	An inverse relationship between the quantity demanded and income of the consumer	[B].	A positive relationship between the quantity demanded and its price
[C].	An inverse relationship between the rate of change in the quantity demanded and the price of the commodity	[D].	An inverse relationshhip between the quantity demanded and its average cost of production. (188)

Answer: Option C