Economy, asked by talksaniagmailcom, 5 months ago

what is law of demand explain with diagram and definition

Answers

Answered by shubhamkh9560

4

Explanation:

Definition:

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. ... The above diagram shows the demand curve which is downward sloping.

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