English, asked by mohdali5624, 5 months ago

what is law of demand.​

Answers

Answered by thanushiya72
24

Explanation:

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".

Answered by daljeetkaur9261
5

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". Wikipedia

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