reasons of law of demand.
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Explanation:
Reasons for Law of Demand:
Law of Diminishing Marginal Utility: Law of diminishing marginal utility states that as we consume more and more units of a commodity, the utility derived from each successive unit goes on decreasing. ...
Substitution Effect: ADVERTISEMENTS: ...
Income Effect: ...
Additional Customers: ...
Different Uses:
Answered by
1
Answer:
Reasons for Law of Demand:
Law of Diminishing Marginal Utility: Law of diminishing marginal utility states that as we consume more and more units of a commodity, the utility derived from each successive unit goes on decreasing. ...
Substitution Effect: ADVERTISEMENTS: ...
Income Effect: ...
Additional Customers: ...
Different Uses:
Explanation:
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