Question

Law of demand is defined as the relationship between price and quantity from a buyer's perspective.

Answer 1

It is true that the Law of demand is defined as the relationship between price and quantity from a buyer's perspective

What is law of demand?

The law of demand states that that as the price of a good increase, the quantity demanded will fall and as the price of a good falls, the quantity demanded also rise.  

Here, consumers tend to buy more goods and services as the price go down or fall, hence more of a product will be purchased at lower prices than at higher prices.

Therefore, the Law of demand is defined as the relationship between price and quantity from a buyer's perspective

Learn more about law of demand here: brainly.com/question/1078785

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