Economy, asked by valsammavalsamma2525, 5 months ago

Law of demand chart and diagram Imaginary schedule and diagram

Answers

Answered by Anonymous

Explanation:

The law of demand expresses a relationship between the quantity demanded and its price. It may be defined in Marshall's words as “the amount demanded increases with a fall in price, and diminishes with a rise in price”. Thus it expresses an inverse relation between price and demand.

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