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An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. This principle is based on the critical assumption that
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An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. This principle is based on the critical assumption that

User Silentbicycle
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The law of demand is a fundamental principle of economics which states that at a higher price consumers will demand a lower quantity of a good.
User Kamran Kausar
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