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Law of demand
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In economics, the law of demand is an economic law that states that consumers buy more of a good when its price decreases and less when its price increases.
there is inverse relationship exists between price and demand so when price increases demand decreases but quantity demand is another factor due to other factors like taste fashion incme expectations relat
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Encyclopedia
In economics, the law of demand is an economic law that states that consumers buy more of a good when its price decreases and less when its price increases.
See also
as there is inverse relationship exists between price and demand so when price increases demand decreases but quantity demand is another factor due to other factors like taste fashion incme expectations related goods etc
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