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17 March, 15:03

What is the law of demand?

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  1. 17 March, 15:13
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    The law of demand states that quantity purchased varies what mean the higher the price is the lower quality demand
  2. 17 March, 16:26
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    The law of demand states that all other things being equal, the quantity bought of a good or service is a function of price. As long as nothing else changes, people will buy less of something when its price rises. They'll buy more when its price falls.
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