What is the relationship between price and demand?
A. Positive
B. Negative
C. Equal
D. Zero
Answers
Answered by
1
Answer:
I didn't get the question very well but if u are asking the answer of what is relationship between price and demand then here it is
Explanation:
Law of demand states: As price of a good increases, the quantity demanded of the good falls, and as the price of a good decreases, the quantity demanded of the good rises, ceteris paribus. Restated: there is an inverse relationship between price and quantity demanded. I hope this helps u :)
Answered by
1
Answer:
Negative
Explanation:
It is because according to the Law of Demand, when the price of a commodity or goods increases the demand decreases, whereas when the price of a commodi or goods decreases the demand increases.
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