Other things remaining equal
WebD. 62,500. The law of demand states that. A. if prices, income, and the price of other goods increase, demand will increase. B. as price increases, quantity demanded decreases, all … Economics' ceteris paribus conditions include: • The number of consumers in the market • Consumer tastes or preferences • Prices of substitute goods
Other things remaining equal
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WebFeb 24, 2024 · Other things remaining equal, the law of demand says that the higher the price, the lower the quantity demanded and the lower the price the higher the quantity …
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