LAW OF DEMAND
|LAW OF DEMAND|
#Increase the price of a comodity decrease the demand of that comodity It means there are inverse relationship between price and demand.
Price of a good is directly effect its demand
| After reading this chapter, you are expected to learn about:|
After the reading of this unit you will be able to know "*" What is relationship between price and demand. "*" Consumers income and demand of goods "*"
The key points of this chapter are as follows:
|Answers to SAQs|
|References and Further Readings|