08-11-2019
Business

contestada

23. What law states that a decrease in price brings about an increase in the quantity
demanded?

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Talia2007 Talia2007

08-11-2019

The law of demand states that, other things remaining the same, if the price of a good rises, the quantity demanded of that good decreases; and if the price of a good falls, the quantity demanded of that good increases.

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