answersLogoWhite

0


Best Answer

law of demand: the higher the price the lower the demand for the product and vise versa

User Avatar

Wiki User

โˆ™ 2010-03-12 07:27:43
This answer is:
User Avatar
Study guides

Economics

9 cards

What are the three ways the Federal reserve can change the money supply

What is the underground economy

What is a market supply schedule

What are the leading economic indicators supposed to predict

โžก๏ธ
See all cards
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
No Reviews

Add your answer:

Earn +20 pts
Q: What is the law of demand and the determinants of demands?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is determinants of demand?

Determinants of demand which are sometime also called as demand shifters is a number of factors that when they change they will cause the demand curve to shift.


In what would you expect determinant of demand for computers to differ from the determinants of the demand for milk?

in what respect would you expect determinant demand for computers to differ from determinants of the demand for milk


Money demand's determinants?

discuss the determinant of money demand


Determinants of demand are sometime also called as?

Demand shifters.


Determinants Of Demand Is Sometime Also Called As What?

Demand shifters


What is the explanation of determinants of demand?

those factors which helps to indicate the condition of quantity demanded of the commodity is known as determinants of demand.


What are the non-price determinants of Demand?

Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.


What are the main determinants of labor demand n supply?

Main determinants of labour demand are: demand for goods,availability of capital and cost of labour. Main determinants of labour supply are: wages and benefits, population size(demographic factors) and job requirements


What is demand function.what are its determinants of demand function?

the determinats demand are prices and non price factor


What is the determinants of price elasticity of demand?

Nature of comodity


Determinants of demand include factors that determine the amount that will be purchased at each price?

Determinants of demand include factors that determine the amount that will be purchased at each price


What are the determinants of income elasticity of demand?

write a note on determinates of income elasticity of demand

People also asked