Question

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Answer 1

Explanation:

the Law of Demand helps us understand why things are priced at the level that they are, and to identify opportunities to buy what are perceived to be underpriced products, assets, or securities. For , a firm may boost production in response to rising prices that have been spurred by a in demand.

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Answer 2

♡࿐ANSWER:

• The Law of Demand tells us that if more people want to buy something, given a limited supply, the price of that thing will be bid higher. Likewise, the higher the price of a good, the lower the quantity that will be purchased by consumers.