Which does the law of demand do check all that apply

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Kaya Horton

6 May, 17:13

Which does the law of demand do check all that apply

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Irvin Palmer · Answer 1

Well first off there are any answers but the answer to

Which does the law of demand do?

-allows producers to respond to consumers

-allows consumers to influence prices

Demand is an economic principle that describes a consumer's desire and willingness to pay a price for a specific good or service. Holding all other factors constant, an increase in the price of a good or service will decrease demand, and vice versa. It is also an increase in price due to an increase in demand.