Economy, asked by ankita061078, 1 month ago

state the substance of law of demand?​

Answers

Answered by priyanshuc224
0

Explanation:

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.

Answered by llsonu02ll
1

 \huge \ \orange[ANSWER:-]

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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