Once a bargain has been reached and involved parties have agreed to an arrangement, there is no need for either party to monitor and enforce the agreement

The law of demand states that:

a. as the price of a good increases, more units are demanded. b. there is a direct relationship between the price of a good and the quantity of the good produced. c. there is a negative relationship between the price of a good and the quantity of the good demanded. d. there is an increase in the need for a good as the price of the good increases.

A demand curve for The Steel Porcupines' concert tickets would show the:

a. quality of service that customers demand when they buy a ticket. b. number of people who like to attend the concert. c. number of tickets the promoters are willing to sell at each price. d. number of concert tickets that will be purchased at each price.