Economy, asked by PragyaTbia, 1 year ago

What do you mean by demand?

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Answered by PADMINI
7
DEMAND - 

Demand is the quantity of certain goods which are desired by the consumers from the market. 


THE LAW OF DEMAND -

This is a inverse relationship between the prices of goods and it's demand . If the price of the goods rise then their demand will fall . In other words , The higher the price , The lower the quantity demanded . Demand curve is downward from left to right .

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