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7nadin3 [17]
4 years ago
4

What does the term "demand relationship" mean? How does price affect demand? (Site 1)​

Social Studies
2 answers:
Cloud [144]4 years ago
6 0

Answer:

Price and demand have an inverse relationship. The law of demand states when the price of a good goes up, the demand of that good will go down, and vice versa if the good's price goes down.

Explanation:

katovenus [111]4 years ago
4 0

Answer:

Price and demand have an inverse relationship. The law of demand states when the price of a good goes up, the demand of that good will go down, and vice versa if the good's price goes down.

Explanation:

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