State and explain the law of demand.

1.	State and explain the law of demand.
Answer» HEY mate! I am here with your answer! The LAW of demand states that, "conditional on all else being equal, as the price of a good increases, quantity DEMANDED DECREASES; conversely, as the price of a good decreases, quantity demanded ". Hope this will HELP you!

Answer»

HEY mate!

I am here with your answer!

The LAW of demand states that, "conditional on all else being equal, as the price of a good increases, quantity DEMANDED DECREASES; conversely, as the price of a good decreases, quantity demanded ".

Hope this will HELP you!

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State and explain the law of demand.

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