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< Back to questions :: Q&A / Customs / Bags and Luggage Bags

Law of demand

Customs
Bags and Luggage Bags
From Brazil
To Mexico
350 views / 0 experts
Munmun S.
Jul 26, 2021

What is the law of demand?

1 answer

Dave B.
Jul 26, 2021

This fundamental economic principle states that as prices for a good or service rise demand falls, and as prices fall demand rises.

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