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Law of Demand & Elasticity of Demand - jandkicai.org
Elasticity of Demand 9 Law of Demand • Law of demand states that People will Buy more at Lower Prices and Buy less at Higher Prices, Ceteris paribus, or other things Remaining the Same. By : Samuelson • The Law of Demand states that Quantity Demanded Increases with a Fall in Price and Diminishes when Price Increases, other
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