The Law of Demand is called a law because

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asked Sep 19, 2018 131k views

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Simon Harmel · Answer 1 · 2018-09-25T05:22:08+0000

The Law of Demand is a microeconomic law that states, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.

The Law of Demand is called a law because

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