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"When the price of a product rises, consumers purchase less of that product." This statement describes: Law of Demand Law of Supply An inferior good Market Equilibrium
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"When the price of a product rises, consumers purchase less of that product." This statement describes:

Law of Demand

Law of Supply
An inferior good
Market Equilibrium

User Teri
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3.8k points

2 Answers

8 votes
Law of demand is the answer :)
User Bruno Miguel
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3 votes

Answer:

ummmmm hold

Step-by-step explanation:

User Ondrej Janacek
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