Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
More customers will be interested in buying its laptops is an outcome can the electronics store expect, According to the law of demand.
What is law of demand?
- The law of demand, a cornerstone of microeconomics, asserts the inverse relationship between price and quantity desired.
- In other words, "conditioning on all other things being equal, the quantity demanded will drop as the price of a good increases; conversely, the amount demanded will increase as the price of a good lowers."
- When we say that a person's demand for anything increases, we imply that he will buy more of it than he would have at the previous price and that he will buy as much at the previous price, according to Alfred Marshall.
To know more about law of demand with the given link
https://brainly.com/question/10782448
#SPJ4
Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.
