what happens to price if demand increases acc. to law of demand
Answers
Answered by
1
Answer:
The same inverse relationship holds for the demand for goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.
Mark me Brainliest!!!!
: )
Similar questions
Accountancy,
1 month ago
Math,
3 months ago
Physics,
10 months ago
Social Sciences,
10 months ago
Science,
10 months ago