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Answer to Question #237310 in Economics for CCW

Question #237310

Demand Worksheet: fill in the blank

1) The law of demand states - when price increases, quantity demand will ______.

When price decreases, quantity demanded will ______.


1
Expert's answer
2021-09-26T08:41:30-0400

The law of demand states - when price increases, quantity demand will decrease.

When price decreases, the quantity demanded will increase.



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