Question

what is the relationship between price and demand? plzz tell me fast guys​

Answer 1

Answer:

As price increases, demand decreases hence, they have an inverse relationship

Hope it helps

Answer 2

Hᴇʀᴇ ɪs Yᴏᴜʀ Aɴsᴡᴇʀ:-

Dᴇᴍᴀɴᴅ Rᴇғᴇʀs ᴛᴏ Hᴏᴡ Mᴜᴄʜ (Qᴜᴀɴᴛɪᴛʏ) ᴏғ ᴀ Pʀᴏᴅᴜᴄᴛ ᴏʀ Sᴇʀᴠɪᴄᴇ ɪs Dᴇsɪʀᴇᴅ ʙʏ Bᴜʏᴇʀs. Tʜᴇ Qᴜᴀɴᴛɪᴛʏ Dᴇᴍᴀɴᴅᴇᴅ ɪs Tʜᴇ Aᴍᴏᴜɴᴛ ᴏғ ᴀ Pʀᴏᴅᴜᴄᴛ Pᴇᴏᴘʟᴇ Aʀᴇ Wɪʟʟɪɴɢ ᴛᴏ Bᴜʏ ᴀᴛ ᴀ Cᴇʀᴛᴀɪɴ Pʀɪᴄᴇ; Tʜᴇ Rᴇʟᴀɪᴏɴsʜɪᴘ Bᴇᴛᴡᴇᴇɴ Pʀɪᴄᴇ Aɴᴅ Qᴜᴀɴᴛɪᴛʏ Dᴇᴍᴀɴᴅᴇᴅ ɪs Kɴᴏᴡɴ ᴀs Tʜᴇ Dᴇᴍᴀɴᴅ Rᴇʟᴀᴛɪᴏɴsʜɪᴘ.

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