When the price of the good is above 50 dollars the quantity demanded would be less than 100 units.
<h3>How does price affect demand?</h3>
The price of a good is known to have an inverse relationship with the quantity of the good that would be bought by its consumers.
The equilibrium price and quantity is at 50 $ and 100 respectively. If the price of the commodity rises above 50, people would demand less for the good.
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French emperor Napoleon Bonaparte enacts a new legal framework for France known as the Napoleon code
