Economy, asked by ganeshkengar7757, 27 days ago

the law of demands is applicable to ___ goods

Answers

Answered by Aiswaryalakshmi22
0

Answer:

the law of demands is applicable to _service__ goods

Answered by ItzYourLiya
35

QUESTION

the law of demands is applicable to ___ goods

ANSWER

The law of demand is not applicable to goods like

INFORMATIVE

The law of demand is a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good. ... The shape and magnitude of demand shifts in response to changes in consumer preferences, incomes, or related economic goods, NOT to changes In price.

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