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10-03-2020
Social Studies

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when the price of a good goes up,what happens to the demand

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avamadams2327 avamadams2327

14-03-2020

Answer:

Economists call this the Law of Demand. If the price goes up, the quantity demanded goes down (but demand itself stays the same). If the price decreases, quantity demanded increases. This is the Law of Demand.

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