Question

Explain the law of demand???​

Answer 1

Answer:

In microeconomics, the law of demand is a fundamental principle which states that, "conditional on all else being equal, as the price of a good increases, quantity demanded will decrease; conversely, as the price of a good decreases, quantity demanded will increase". 

Answer 2

Answer:

In microeconomics, the law of demand is a fundamental principle which states that, "conditional on all else being equal, as the price of good increases, quantity demanded will decrease; conversely, as the price of good decreases, quantity demanded will increase.