The principle stating that, for virtually all goods and services, there is a negative relationship between price and quantity demanded, all other things unchanged, is the law of:

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Quizplus · Accepted Answer

This is the basic definition of the law of demand, which is the foundation of microeconomic theory. It states that as the price of a good or service increases, the quantity demanded will decrease (assuming all other factors remain constant).

The Principle Stating That, for Virtually All Goods and Services