Question

describe the law of demand with examples​

Answer 1

Answer:

Hope this helps you

Explanation:

The law of demand states that all other things being equal, the quantity bought of a good or service is a function of price. If the amount bought changes a lot when the price does, then it's called elastic demand. An example of this is ice cream. You can easily get a different dessert if the price rises too high.

Answer 2

Explanation:

The law of demand states that all others things being equal, the quantity bought of a good or service is a function of price....If the amount bought changes a lot when the price does then it's called elastic demand. An example of this is ice cream you can easily get a different dessert if the price rises too high