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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 342 |
Essay's paper body
The Law of Demand states that - Ceteris Paribus (all other factors remaining the same), the quantity of goods demanded in the market is inversely proportional to its cost.
Hence, if all other factors that impact sales remain the same, then an increase in cost will cause the demand of a product to decrease and vice-versa...
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The Law of Demand states that - Ceteris Paribus (all other factors remaining the same), the quantity of goods demanded in the market is inversely proportional to its cost.
Hence, if all other factors that impact sales remain the same, then an increase in cost will cause the demand of a product to decrease and vice-versa...
Essay fragment
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