Economy, asked by Ferdinand9, 9 months ago

What is law of demand? Don't copy answer from internet

Answers

Answered by abhayvishwakarma23

Answer:

The law of demand states that other factors being constant (cetris peribus), price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall.

Explanation:

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Answered by FuzzieGirl

Law of Demand

The law of demand states that other things remaining equal the quantity demanded of a commodity increases when its price falls and decreases when its price rises.

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