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12 September, 07:32

The following best explains what?

The price of a good or service increases, the demand for that good or service decreases.

The price of a good or service decreases, the demand for the good or service decreases.

Law of Supply

Law of Demand

Wants

Needs

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Answers (1)
  1. 12 September, 07:59
    0
    That's the law of demand which states that if the price increases the quantity demanded decreases.
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