Economy, asked by Chikky984, 1 year ago

Which statement is true about law of demand:
a)Price rises; Demand rises
b)Price falls ; Demand falls
c)Price falls; Demand rises
d)Income falls; Demand rises

Answers

Answered by khyati2549
0

c)price fall ,demand rise

Answered by BrainlyRTX
0

Answer:

b) Price falls; Demand falls

Explanation:

The law of demand states that the quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded.

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