3 years ago

According to ____________, when price decreases, demand rises, and when price increases, demand falls.

History

1 answer:

Lina20 [59]3 years ago

3 0

Answer:

Law of Demand

Explanation:

The law of demand defines that there is an inverse relation between the price of a commodity and quantity demanded of the commodity. So when price increases, the quantity demanded decreases and vice-versa.

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