Explain law of demand
Explain law of demand
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manish1008
In microeconomics, the law of demand states that, “conditional on all else being equal, as the price of a good increases (↑), quantity demanded decreases (↓); conversely, as the price of a good decreases (↓), quantity demanded increases (↑)”.
Abhinav.arjun47
In microeconomics, the law of demand states that, “conditional on all else being equal, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases”.
Ayush
the law of demand states that, “conditional on all else being equal, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases”.