As per law of demand, demand and price of a good are related to
Answers
Answered by
2
Explanation:
Definition: 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.
Attachments:
Similar questions
English,
12 days ago
English,
12 days ago
Sociology,
26 days ago
Math,
8 months ago
Social Sciences,
8 months ago