Economy, asked by lovepreetk0301, 6 months ago

What is demand law ?
Leather purses and leather shoes are complements or substitutes?​

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Answered by taekookforever05
1

Answer:

DEMAND OF LAW - In microeconomics, the law of demand is a fundamental principle which states that, "conditional on all else being equal, as the price of a good increases, quantity demanded will decrease; conversely, as the price of a good decreases, quantity demanded will increase".

Leather purses and laether shoes are substitutes (substitutes in production).

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Answered by rajputunnatisingh232
2

Answer:

here is your answer

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