Economy, asked by bainsjashan, 11 months ago

define law of demand​

Answers

Answered by Anonymous
4

The law of demad states that "conditional on all else being equal as the price of good increasesquantity demanded decreases conversly,as the good price is decreased the demand of good or that product is increased.

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Answered by shruti202068
2

Explanation:

In microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases".

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