Economy, asked by gopaljigupta848487, 8 months ago

what is law of dimand ?​

Answers

Answered by Dheerajnaik46257
1

Explanation:

Law of demand

DescriptionIn microeconomics, the law of demand states that, "conditional on all else being equal, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases".

Answered by djalok28
0

Explanation:

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

Previous Question
Next Question
Similar questions
Science, 4 months ago
draw the structure of stomota​...
English, 4 months ago
how do elders and children look at garbage differently? ​
Math, 4 months ago
Date - एट व्यकि 3km) की चाल से एड निशचित स्पान पर जाताही व 40 min देरी से पहुँचता है। पदि वह वह 4km/h की चाल से जाये तो 300) देर में पहुंचता है लो दूरी बाल मेरे​...
English, 8 months ago
eraser is common or proper noun​...
History, 8 months ago
Write an essay on Sufism and Sikhism.
Chemistry, 11 months ago
The value of enthalpy change (\Delta H) for the reaction C_2H_5OH(l) + 3O_2(g) \rightarrow 2CO_2(g) + 3H_2O(l) at 27° C is – 1366.5 kJ mol⁻¹. The value of internal energy change for the above reaction at this temperature will be : (a) – 1369.0 kJ (b) – 1364.0 kJ (c) – 1361.5 kJ (d) – 1371.5 kJ...
Chemistry, 11 months ago
Pick out the wrong statement (a) The standard free energy of formation of all elements is zero (b) A process accompanied by decrease in entropy is spontaneous under certain conditions (c) The entropy of a perfectly crystalline substance at absolute zero is zero (d) A process that leads to increase in free energy will be spontaneous...
Chemistry, 11 months ago
The heats of atomization of PH_{3(g)} and P_2H_{4(g)} are 954 kJ mol⁻¹ and 1485 kJ mol⁻¹ respectively. The P–P bond energy in kJ mol⁻¹1 is (a) 213 (b) 426 (c) 318 (d) 1272...