Economy, asked by kumarajit567891, 5 months ago

What does low demand mean?

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Answered by rawalkinjal337

Answer:

The law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. In other words, the higher the price, the lower the quantity demanded. ... This means that the higher the price, the higher the quantity supplied.

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