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What does the term "demand relationship" mean? How does price affect demand?

1 Answer

3 votes

Answer: Demand, means to want.

Step-by-step explanation:

There is two things to keep in mind, Demand and Supply. When supply is high the price gets lower, and the demand for that product also gets lower. If the supply is low in a product, the demand increases, aswell as the price. I hope this helps you.

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User Chirag B
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