Economy, asked by rajurajak161, 5 months ago

why does the law of demand holds​

Answers

Answered by TANI8H
1

Explanation:

The law of demand states that other factors being constant (cetris peribus), price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall.

Answered by Anonymous
4

Answer:

The law of demand states that other factors being constant (cetris peribus), price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall.

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