Acscommander235 Acscommander235
  • 16-02-2022
  • Business
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Economists refer to the relationship that a higher price leads to a lower quantity demanded as the.

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jrapsrapando
jrapsrapando jrapsrapando
  • 16-02-2022

Explanation:

Law of demand — the common relationship that a higher price leads to a lower quantity demanded of a certain good or service and a lower price leads to a higher quantity demanded, while all other variables are held constant

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