define law of demand
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The law of demand is a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good. ... A market demand curve expresses the sum of quantity demanded at each price across all consumers in the market.
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Answer:
The law of demand is a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good. ... A market demand curve expresses the sum of quantity demanded at each price across all consumers in the market
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