Economy, asked by aramsey, 7 months ago

read the definition of demand presented in the section "demand" why do you think both of these factors must be present to have true demand

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Answered by labhnithana
0

Answer:

Definition: The law of demand states that other factors being constant (cetris peribus), price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall.

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