LAW OF DEMAND SUPPLY
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The law of demand says that at higher prices, buyers will demand less of an economic good. The law of supply says that at higher prices, sellers will supply more of an economic good. These two laws interact to determine the actual market prices and volume of goods that are traded on a market.
Answer:
the law of demand supply says that the highest price, buyers will demand less of an economic good.The low of supply that at higher prices, sellers will supply more of an economic good.This two laws interact to determine the actual market prices and volume of goods that are traded on a merket