What is Law of Demand

The law of demand is a basic concept in economics that describes the relationship between the price of an asset and the demand for it. As the price of an asset increases, the quantity of customers willing to buy it decreases or the customers are willing to buy less of it, and vice versa.

Law of Demand

The law of demand is a basic concept in economics that describes the relationship between the price of an asset and the demand for it.

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