According to Law of Demand, if other things remain constant, there is ………….. relationship
between price and demand of a commodity?
(a) Positive (b) Negative (c) Proportional (d) No
Answers
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2
Answer:
noooooooooooooooooooooo
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Explanation:
The law of demand states that other factors being constant (cetris peribus), price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall.
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