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

Janie uses the term “multiplied cockroach” to describe the sham doctor that Joe hires. What are the connotations of calling someone a “multiplied cockroach”? Ho
3 red pens, 9 blue pens, 8 green pens What is the probability of picking a blue? In a decimal
The primary cause of recent global warming is believed to be ________.
Using money to try to make more money is called
A video posted on the internet is becoming very popular,and the total number of views is increasing by 40% every hour if the video currently has 38,000 views ho
Pedro has determined that the probability his shot will score in a lacrosse game is 0.30. What is the probability that he will score on two consecutive shots?
George has trouble getting to work on time because he checks the doors on his house to make sure they're locked dozens of times before leaving in the morning. h
The pianissimo dynamic is indicated by the abbreviation:
What caused the Vietnam War?!
A person who must be twice as close to an object to see it as clearly as a person with normal vision activity has