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The following best explains what? The price of a good or service increases, the demand for that good or service decreases. The price of a good or service decreases, the demand f…

The following best explains what? The price of a good or service increases, the demand for that good or service decreases. The price of a good or service decreases, the demand f…
asked 49.2k views
4 votes
The following best explains what?

The price of a good or service increases, the demand for that good or service decreases.
The price of a good or service decreases, the demand for the good or service decreases.
Law of Supply
Law of Demand
Wants
Needs

asked
User Ragmaanir
by
8.6k points

1 Answer

4 votes

Answer:

That’s the law of demand which states that if the price increases the quantity demanded decreases.

answered
User Kurisukun
by
7.5k points
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