Question

why there is inverse relationship between price and demand​

Answer 1

Answer:

Price will increase if the demand of product is more and supply is less and vice-versa.

Explanation:

if the product is supplied in the market according to its demand then the price of that product will be constant but if the product is supplied Less than its demand then the price will increase because if that product is necessary for the use of customer then he will pay higher amount to get that product.

Answer 2

The price will increase if the demand of the product is more .....



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