The Law of Demand is one of the most famous laws in economics. It states that when the price of a good rises, the amount demanded ______________, and when the price of a good falls, the amount demanded ____________

Arises, rises

Bfalls, falls

Crises, falls

Dfalls, rises

Many city governments grant operating licenses to a specific cable television company. This license to be the only cable provider is called a(n)

Amonopoly.

Boligopoly.

Cpure competition.

Dmonopolistic competition.