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1. quizlet.com › ph › 180999017Law of Demand Flashcards | Quizlet

   quizlet.com › ph › 180999017

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   22 hours ago · The Law of Demand states that other things being constant, an increase in the price of a good lowers the quantity demanded of that good, while a decrease in the price of a good raises the quantity demanded of that good. Price and quantity demanded move in opposite directions.

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