Economy, asked by harsh401270, 11 months ago

What do you mean by Law of variable
-Proportion?
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Answers

Answered by BrainlyHeart751
2

Answer:

Explanation:

Definition: 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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