asked 208k views
5 votes
Describe how price changes cause Change in demand.

2 Answers

2 votes
If prices increase, demand decreases. If prices decrease, demand increases. It's an inverse relationship.
answered
User Aelphaeis
by
8.4k points
4 votes
If prices increase, demand decreases. If prices decrease, demand increases. It’s an inverse relationship.
answered
User Qarl
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.