Economy, asked by kunjaldedhia111, 3 months ago

why is the law of demand caled as conditional law???*​

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Answered by prabhat211
1

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In microeconomics, the law of demand is a fundamental principle which states that, "conditional on all else being equal, as the price of a good increases (↑), quantity demanded will decrease (↓); conversely, as the price of a good decreases (↓), quantity demanded will increase (↑)".

Answered by keshavkumar94640
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