what is the law of demand?

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08-02-2022
Business

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what is the law of demand?

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Minatotheyellowflash Minatotheyellowflash · Answer 1 · 2022-02-08T10:11:12-05:00

Minatotheyellowflash Minatotheyellowflash

08-02-2022

Answer: What is law of demand with example? The law of demand dictates that when prices go up, demand goes down – and when prices go down, demand goes up. For instance, a baker sells bread rolls for $1 each. They sell 50 each day at that price.

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