Economy, asked by avnitt78, 1 year ago

what is the abstract of demand in micro economics

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Answered by Dassuroma8gmailcom

Answer:

Demand for Goods and Services. Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price. ... A rise in the price of a good or service almost always decreases the quantity of that good or service demanded.

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