31.0k views
1 vote
According to the law of demand when price of a good or service goes up the quantity demand will

User Merec
by
8.8k points

1 Answer

6 votes
According to the law of demand when price of a good or service goes up the quantity demand will go down. Every increase in price will result in lower demand for the product.
User Anorak
by
8.0k points

No related questions found