Law of demand explains .............. (positive/negative) relationship be-
tween own price of commodity and it's .......... (supply/ demand).
Answers
Answered by
2
Answer:
(positive/negative)
Explanation:
supply/ demand).
Answered by
1
Answer:
The law of demand is an economic principle that explains the negative correlation between the price of a good or service and its demand. If all other factors remain the same, when the price of a good or service increases, the quantity of demand decreases, and vice versa.
Explanation:
Have a nice day :)
Similar questions