julianj213 julianj213
  • 18-04-2019
  • Business
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what is the law of demand? ​

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isisbabyog
isisbabyog isisbabyog
  • 18-04-2019

Answer:

The law of demand states that all other things being equal, the quantity bought of a good or service is a function of price. As long as nothing else changes, people will buy less of something when its price rises. They'll buy more when its price falls.

Explanation:

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angelinadiaz angelinadiaz
  • 18-04-2019
The law of demand states that quantity purchased varies what mean the higher the price is the lower quality demand
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