vperez719 vperez719
  • 03-02-2019
  • Business
contestada

The law of demand is the assertion that ... ?

Respuesta :

MsTeel
MsTeel MsTeel
  • 14-02-2019

The quantity of a demanded product is inversely proportional to its price.

Simply put, the law of demand says that when prices go UP, demand goes down and when prices go DOWN demand goes up.

Answer Link

Otras preguntas

Explain the place value relationship when the same two digits are next to each other in a multi digit number
Which of the following best describes how Hammurabi's Code and the Jewish Ten Commandments are similar? A. They established a public and consistent set of ru
Lincoln’s focus in the Gettysburg Address was to A. campaign for a reelection. B.describe the impact of the Civil War. C.remind listeners why they were at w
Marilyn was different from other English colonies because
What process do scientists use to answer questions about the world; for example, Redi's experiment with rotting meat?
What process do scientists use to answer questions about the world; for example, Redi's experiment with rotting meat?
how to round in math im confused
Kevin can travel 22 and a half miles in one third what is his average speed in miles per hour
What process do scientists use to answer questions about the world; for example, Redi's experiment with rotting meat?
using properties find the sum or product of 93+(68+7)