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The following best explains what? The price of a good or service increases, the demand for that good or service decreases. The price of a good or service decreases, the demand f…

The following best explains what? The price of a good or service increases, the demand for that good or service decreases. The price of a good or service decreases, the demand f…
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4 votes
The following best explains what?

The price of a good or service increases, the demand for that good or service decreases.
The price of a good or service decreases, the demand for the good or service decreases.
Law of Supply
Law of Demand
Wants
Needs

User Ragmaanir
by
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1 Answer

4 votes

Answer:

That’s the law of demand which states that if the price increases the quantity demanded decreases.

User Kurisukun
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