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27 October, 05:58

In two to three sentences, explain the law of downward-sloping demand.

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  1. 27 October, 07:00
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    In economics, demand is illustrated using the downward sloping demand curve, which is a graph that illustrates the relationship between price and quantity demanded for a good or service. The demand curve is a visual representation of the demand schedule, which shows quantity demanded at different prices.
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