State the law of demand​

2 answers
Question:

state the law of demand​

Answers

Answer:The law of demand states that quantity purchased varies inversely with price. ... That is, consumers use the first units of an economic good they purchase to serve their most urgent needs first, and use each additional unit of the good to serve successively lower-valued ends.Explanation:[tex]hopes \: this \: helpsssss.....[/tex]

Answer:In microeconomics, the law of demand is a fundamental principle which states that there is an inverse relationship between price and quantity demanded. .Explanation:Well.. Hope it helps you..Your welcome in a-advance..(;ŏ﹏ŏ)(ㆁωㆁ)

Similar Solved Questions

2 answers

The ratio of teachers to students in a school is 1:18. If there are 360 students, find the number of teachers.

The ratio of teachers to students in a school is 1:18. If there are 360 students, find the number of teachers....
1 answer

Help please!!!! Which matches the equipmnent with the description for blood-pressure meas urements? Check all that apply. Sphygmomanometer- a manual method using a cuff Doppler-a probe used to measure sound waves Electronic -a machine counts the apical pulse Pulse oximeter-amachine counts the amount of oxygen

Help please!!!! Which matches the equipmnent with the description for blood-pressure meas urements? Check all that apply. Sphygmomanometer- a manual method using a cuff Doppler-a probe used to measure sound waves Electronic -a machine counts the apical pulse Pulse oximeter-amachine counts the amount...
1 answer

In a room there are a mixture of people and dogs. there are 72 heads, and 200 legs. how many dogs are in the room?

In a room there are a mixture of people and dogs. there are 72 heads, and 200 legs. how many dogs are in the room?...
1 answer

It took 5.5 minutes to upload 20 digital photographs from your computer to a website at this rate how long will it take to upload 48 photographs

it took 5.5 minutes to upload 20 digital photographs from your computer to a website at this rate how long will it take to upload 48 photographs...
1 answer

Dramatic gains in __________ in prosperous nations have contributed to emerging adulthood.

Dramatic gains in __________ in prosperous nations have contributed to emerging adulthood....
1 answer

What is the mass of an atom of krypton? explain

What is the mass of an atom of krypton? explain...
1 answer

Evaluate this expression 5 x 10^2 + 3

Evaluate this expression 5 x 10^2 + 3...
2 answers

What states were in the union when the civil war began

what states were in the union when the civil war began...
1 answer

What is the percent of change when 40 is increased to 83

What is the percent of change when 40 is increased to 83...
2 answers

Please hurry it’s missing

Please hurry it’s missing...
2 answers

Which of the following diseases are caused by mosquito?a.malariac.yellow feverb.cholerad.a and cPlease select the best answer from the choices providedABCD

Which of the following diseases are caused by mosquito?a.malariac.yellow feverb.cholerad.a and cPlease select the best answer from the choices providedABCD...
1 answer

Which of the following chemical mediators is secreted onto the surface of the skin? a. cerumen b. sebum c. gastric acid d. prostaglandin

Which of the following chemical mediators is secreted onto the surface of the skin? a. cerumen b. sebum c. gastric acid d. prostaglandin...
1 answer

Who was the Antagonist in Beowulf?

Who was the Antagonist in Beowulf?...
2 answers

Help me out thankyou​

help me out thankyou​...
1 answer

Which genes would a crop scientist most likely insert into a crop to protect it from droughts and insects?

Which genes would a crop scientist most likely insert into a crop to protect it from droughts and insects?...
1 answer

10-2v=-5-50 +5 +5 10-3v=-50 +3 +3 10=47

10-2v=-5-50 +5 +5 10-3v=-50 +3 +3 10=47...
1 answer

The type of wound healing that occurs when a wound is sutured is _______ healing. a. faith b. third-intention c. second-intention d. first-intention

The type of wound healing that occurs when a wound is sutured is _______ healing. a. faith b. third-intention c. second-intention d. first-intention...
2 answers

Depressed ppl say here

depressed ppl say here...
1 answer

Differentiate inland water transportation and sea transportation

differentiate inland water transportation and sea transportation...

-- 0.022975--