Economy, asked by roshninisha020, 6 months ago

law of demand explain

Answers

Answered by muskan474941
4

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"

Answered by Anonymous
15

 \huge\boxed{\underline{\mathcal{\red{A}\green{N}\pink{S}\orange{W}\blue{E}\purple{R}}}}

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".

Similar questions