Economy, asked by Ferdinand9, 8 months ago

Define:- law of demand Don't copy answer from internet

Answers

Answered by Anonymous
2

ɪɴ ᴍɪᴄʀᴏᴇᴄᴏɴᴏᴍɪᴄs, ᴛʜᴇ ʟᴀᴡ ᴏғ ᴅᴇᴍᴀɴᴅ sᴛᴀᴛᴇs ᴛʜᴀᴛ, "ᴄᴏɴᴅɪᴛɪᴏɴᴀʟ ᴏɴ ᴀʟʟ ᴇʟsᴇ ʙᴇɪɴɢ ᴇϙᴜᴀʟ, ᴀs ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴀ ɢᴏᴏᴅ ɪɴᴄʀᴇᴀsᴇs, ϙᴜᴀɴᴛɪᴛʏ ᴅᴇᴍᴀɴᴅᴇᴅ ᴅᴇᴄʀᴇᴀsᴇs; ᴄᴏɴᴠᴇʀsᴇʟʏ, ᴀs ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴀ ɢᴏᴏᴅ ᴅᴇᴄʀᴇᴀsᴇs, ϙᴜᴀɴᴛɪᴛʏ ᴅᴇᴍᴀɴᴅᴇᴅ ɪɴᴄʀᴇᴀsᴇs".

ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs..

ᴍᴀʀᴋ ᴍᴇ ᴀs ʙʀᴀɪɴʟɪᴇsᴛ ❤❤

Answered by FuzzieGirl
1

Answer:

Definition of Law of Demand

The Law of Demand states that other things remaining equal the quantity demanded of a commodity increases when its price falls and decreases when its price rises.

hope it may help you...

❤️❤️❤️

please mark my answer brainliest

☺️☺️☺️

Similar questions