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Introduction to Economics 1
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi How Markets Work? Market Forces and Equilibrium soru cevapları
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi How Markets Work? Market Forces and Equilibrium soru detayı:
SORU:
Explain the law of demand.
CEVAP:
The law of demand states that, other things equal, when the price of a good rises, the quantity demanded of that good falls.