Question

defines law of demand explain it​

Answer 1

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Definition: The law of demand states that other factors being constant (cetrisperibus), 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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Answer 2

Answer:

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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.