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What is the law of demand?

User James Amo
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Answer:

The law of demand dictates that when prices go up, demand goes down – and when prices go down, demand goes up. For instance, a baker sells bread rolls for $1 each. They sell 50 each day at that price. However, when the baker decides to increase to price to $1.20 – they only sell 40

Step-by-step explanation:

User JGU
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