What does the law of demand state?

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asked Sep 13, 2021 210k views

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GuiFalourd · Answer 1 · 2021-09-17T18:20:53+0000

Answer:

"conditional on all else being equal, as the price of a good increases (↑), quantity demanded will decrease (↓); conversely, as the price of a good decreases (↓), quantity demanded will increase (↑)"

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What does the law of demand state?

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