define the law of demand in a perfectly competitive market

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12-07-2016
Business

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define the law of demand in a perfectly competitive market

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WolfDark WolfDark · Answer 1 · 2016-07-13T17:35:59+02:00

WolfDark WolfDark

13-07-2016

is a microeconomics law that states, all other factors being equal, as the price of a good or service increases, consumers demand for the good or service will decrease, and vice versa

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