Answer:
In other words, the law of demand describes an inverse relationship between price and quantity demanded of a good. Alternatively, other things being constant, quantity demanded of a commodity is inversely related to the price of the commodity.
Answer: the PRICE of the product and demand for the product has an INVERSE relationship
Explanation:
plato. According to the law of demand, the price of a product and the demand for the product has an inverse relationship: if the price decreases, the demand will increase, and vice versa.
