Ask Question
22 October, 01:17

The Law of Demand is called a law because

+1
Answers (1)
  1. 22 October, 04:33
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The Law of Demand is called a law because ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers