Economy, asked by shivangjain52805, 7 months ago

why there are inverse between price and demand

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Answered by sudeepraul2005

Answer:

The law of supply and demand is a keystone of modern economics. According to this theory, the price of a good is inversely related to the quantity offered. This makes sense for many goods, since the more costly it becomes, less people will be able to afford it and demand will subsequently drop.

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