The relationship between price and
quantity demanded is
direct
inverse
positive
neutral
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Answers
Answered by
0
Answer:
The relationship between price and
quantity demanded is inverse
Explanation:
when price fall quantity demanded rise
when price rises quantity demanded fall
Answered by
0
Explanation:
Thus, the price of a product and the quantity demanded for that product have an inverse relationship, as stated in the law of demand. An inverse relationship means that higher prices result in lower quantity demand and lower prices result in higher quantity demand
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