why is the law of demand called as conditional law??
Share
why is the law of demand called as conditional law??
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Explanation:
In microeconomics the law of demand states that conditional on all else being equal as the price of a good increases quantity demanded decrease conversely as the price of a good decreases quantity demand increases