Ask Question
21 July, 11:24

Which explains the conection between the law of demand and excess demand?

+2
Answers (1)
  1. 21 July, 11:34
    0
    The law of demand says that when prices fall, demand rises. If demand rises too much and the market cannot meet all of the demand, then it is excess demand.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which explains the conection between the law of demand and excess demand? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers