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  • 08-03-2017
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which does the law of demand do check all that apply

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Аноним Аноним
  • 08-03-2017
Well first off there are any answers but the answer to

Which does the law of demand do?
 
-allows producers to respond to consumers
-allows consumers to influence prices

Demand is an economic principle that describes a consumer's desire and willingness to pay a price for a specific good or service. Holding all other factors constant, an increase in the price of a good or service will decrease demand, and vice versa. It is also an increase in price due to an increase in demand. 
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