The law of demand says that as the price of a good rises,the quantity demanded of the good tends to fall.

Name: The law of demand says that as the price of a good rises,the quantity demanded of the good tends to fall.
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Quizplus · Accepted Answer

This is the basic principle of the law of demand. As the price of a good increases, the quantity demanded by consumers typically decreases. Conversely, as the price of a good decreases, the quantity demanded usually increases, all other things being equal.

The Law of Demand Says That as the Price of a Good