Economy, asked by abdulrahman413, 14 days ago


which situation does demand decreaso or
increase ?​

Answers

Answered by anjanasp18
0

Answer:

As we can see on the demand graph, there is an inverse relationship between price and quantity demanded. Economists call this the Law of Demand. If the price goes up, the quantity demanded goes down (but demand itself stays the same). If the price decreases, quantity demanded increases.

Explanation:

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Answered by JidhnyasaRajput
0

Explanation:

As we can see on the demand graph, there is an inverse relationship between price and quantity demanded. Economists call this the Law of Demand. If the price goes up, the quantity demanded goes down (but demand itself stays the same). If the price decreases, quantity demanded increases.

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