Economy, asked by smehboob161, 1 month ago

As per law of demand, demand and price of a good are related to

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Answered by pandu2987

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.

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