CBSE BOARD XII, asked by bhuvanesh9942, 1 year ago

What is the conclusion of theory of demand

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Answered by maniverma
1
Theory of Demand, tells the relationship between the price of goods and its quantity demanded. ... It states that the quantity demanded for a good rises as the price falls, all other things staying the same (no change in the income of the consumer, taste of the consumer and price of other goods)
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