The Law of Demand is called a law because

QUESTION POSTED AT 02/12/2019 - 07:58 AM

Answered by answersmine AT 02/12/2019 - 07:58 AM

The Law of Demand is a microeconomic law that states, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa. 
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