Answer:
In economics, the LOD or Law of Demand states that as the price increases on a good or service, there are less people that are willing and able to purchase that good or service.
Here is an example
On the image attached there is a Price Quantity Demanded Graph. The Line on the graph represents demand. The furthur right the line of the graph goes, the larger the quantity of demand for a good is, vice versa. The Law Of Demand is demonstrated on the graph and the table, when price (Px) is at 5, then only Quantity Demanded (Dx) equals 100. When Px = 1 then Dx = 500. As price decreases, demand increases.
Hope this helped :)