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10 September, 08:19

The following best explains what?

The price of a good or service increases, the demand for that good or service decreases.

The price of a good or service decreases, the demand for the good or service decreases.

Law of Supply

Law of Demand

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Answers (1)
  1. 10 September, 09:35
    0
    That's the law of demand which states that if the price increases the quantity demanded decreases.
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