vperez719 vperez719
  • 03-02-2019
  • Business
contestada

The law of demand is the assertion that ... ?

Respuesta :

MsTeel
MsTeel MsTeel
  • 14-02-2019

The quantity of a demanded product is inversely proportional to its price.

Simply put, the law of demand says that when prices go UP, demand goes down and when prices go DOWN demand goes up.

Answer Link

Otras preguntas

Calculate the pOH and pH of a solution which contains 0.001 M NaOH. Assume 100% ionization. (Need an in-depth explanation with formulas please)
Which class of macromolecules is not organized in repeating units of monomers? proteins lipids nucleic acids carbohydrates
A person who takes a 10-minute shower might use between 20 and 25 gallons of water,depending on the speed of the water passing through the showerhead . The low
When electrons are filling energy levels, the lowest energy sublevels are occupied first. This is ____________.
Please help. I’ll mark you as brainliest if correct!
help asap giving branlist and 50 points!!!!!!!!!
Plz help me the question is in the picture below
Sung Lee invests $10,000 at age 18. He hopes the investment will be worth $30,000 when he turns 25. If the interest compounds continuously, approximately what r
using linking words how to correct- At the fair, not only can I eat tasty food, but I can also see awesome fireworks.
In your own words, what does it mean when something has an extrinsic value? What is anexample of an item having extrinsic value?Answer using complete sentences.