Question

what is the difference between demand and law of demand
​

Answer 1

Answer:

brainiest ans

Explanation:

The law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. In other words, the higher the price, the lower the quantity demanded. ... But unlike the law of demand, the supply relationship shows an upward slope

Answer 2

Answer:

Definition : The law of demand states that other factors being constant (cetris peribus), price and quantity demand of any good and services are inversely related to each other.

Description : Law of demand explains consumer choice behaviour when the price changes.

Explanation:

Thank you.....