The factors held constant in Law of Demand relationship are the [...]and the consumer's income
Answer
prices of other goods
Tags
#cfa #economics
Question
The factors held constant in Law of Demand relationship are the [...]and the consumer's income
Answer
?
Tags
#cfa #economics
Question
The factors held constant in Law of Demand relationship are the [...]and the consumer's income
Answer
prices of other goods
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Open it The factors held constant in Law of Demand relationship are the prices of other goods and the consumer's income
Original toplevel document
Law of demand - Wikipedia, the free encyclopedia of a product decreases (↓), quantity demanded increases (↑). In simple words,law of demand means inverse relationship between price and quantity of demand.There is a negative relationship between the quantity demanded of a good and its price. <span>The factors held constant in this relationship are the prices of other goods and the consumer's income. [1] There are, however, some possible exceptions to the law of demand (see Giffen goods and Veblen goods).
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measured difficulty
37% [default]
last interval [days]
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