Question

explain the relatioship between price and demand with the help of demand curve​

Answer 1

Answer:

The lower the price, the higher the quantity demanded. As the price decreases from p0 to p1, the quantity increases from q0 to q1. Demand Curve. This relationship follows the law of demand, which states that the quantity demanded will drop as the price rises, all other things being equal.

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Answer 2

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The lower the price, the higher the quantity demanded. As the price decreases from p0 to p1, the quantity increases from q0 to q1. Demand Curve. This relationship follows the law of demand, which states that the quantity demanded will drop as the price rises, all other things being equal.

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