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  • 09-04-2022
  • Business
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Why do economists use the term law when they describe demand?.

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Heather11123
Heather11123 Heather11123
  • 09-04-2022
If the price is higher the quantity demanded may be lower, if the price is lower the quantity demanded may be higher. Why do economists use the term law when they describe demand? Because it has been repeatedly demonstrated.
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