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14 February, 03:28

According to the law of demand, as prices increase, quantity demanded

increases.

decreases.

stays the same.

disappears.

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Answers (1)
  1. 14 February, 04:34
    0
    The law of demand gives the dependency between price and quantity demand. It states that the as price increases, quantity demanded decreases and as price decreases, quantity demanded increases.

    According to the law of demand, as the price of a good or service increases, the quantity demanded of the good or service will decrease.
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