Economy, asked by ParthPradipchavhan, 4 hours ago

What is a relationship between quantity demand and price

Answers

Answered by sonuapj7b

Answer:

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.

Explanation:

Answered by sourabhdheer

The relationship is inverse or opposite.

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