mistystar6047 mistystar6047
  • 21-04-2022
  • Social Studies
contestada

What is the term economists use to refer to the relationship that a higher price leads to a lower quantity demanded?.

Respuesta :

shaquaylacarter shaquaylacarter
  • 28-04-2022

Answer:

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.

Explanation:

here's your answer

Answer Link

Otras preguntas

What are the two main roles of the Cabinet Secretaries?
The bottle of shampoo is half price for 2.10 was 4.20, its a 500 ml bottle of shampoo. The unit price of the hair shampoo is given in cents per 100 millilitres
Which describes a property of water that allows plants to transfer from their roots to their leaves?
What percent of 99 is 72?
Sumerians developed many inventions choose the invention that you think is the most significant and explain why you made this choice!
Can somebody help me with the story "the Giver"
What value should go in the empty boxes to complete the calculation for finding the product of 0.59× 0.37
Every quote or paraphrase used in a report must be embedded and analyzed. True False The works cited page is organized in alphabetical order according to titl
Quais são as meninges que revestem o Sistema Neural Central? Determine a ordem delas no sentido de dentro para fora.
What are the solutions of the equation 4x2 + 3x = 24 – x?