Economy, asked by sonusonekar2010, 2 months ago

law of demand is meaaured from perspective of​

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Answered by qutubunnisa976
2

Answer:

The law of demand is a fundamental principle of economics which states that at a higher price consumers will demand a lower quantity of a good. Demand is derived from the law of diminishing marginal utility, the fact that consumers use economic goods to satisfy their most urgent needs first.

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