The law of demand applies most directly to which group?
buyers
sellers
producers
lawmakers
lovepreet984:
I think buyer
Answers
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11
the law of demand applies mostly directly to the buyers
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7
Explanation:
Buyers are the correct answer because the law of demand applies most directly to Buyers group. In the case of law of demand, the price of the products can vary according to the purchased quantity and buyers need to pay higher price on the purchase of lower quantity of products. This kind of phenomenon generally occurs when the opportunity cost of consumers increases.
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