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3 years ago

Economic principle stating that consumers will demand more of a product as the price decreases.

Health

1 answer:

baherus [9]3 years ago

8 0

Answer:

The law of demand is a fundamental principle of economics which states that at a higher price consumers will demand a lower quantity of a good. ... Changes in price can be reflected in movement along a demand curve, but do not by themselves increase or decrease demand.

Explanation:

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