Econs Econs
  • 12-07-2016
  • Business
contestada

define the law of demand in a perfectly competitive market

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WolfDark
WolfDark WolfDark
  • 13-07-2016
is a microeconomics law that states, all other factors being equal, as the price of a good or service increases, consumers demand for the good or service will decrease, and vice versa
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