Friday, July 20, 2018

The relationship between Price and Quantity demanded

The quality demand generally deals with that of the goods the buyers are willing to buy and are able to purchase. There may be many things that generally depends upon the demand of the goods.
LAWS OF DEMAND: When the price of the good rises, the quantity demanded of the good falls, and when the price falls, the quantity demand rises.
DEMAND SCHEDULE: It is the table that deals with the relationship between the price of goods and the quality demanded with respect to keeping everything else constant that influence the customer what they wants to buy.

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