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Theory of Demand (Change in Demand (price of good constant, due to other…
Theory of Demand
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Law of Demand
When price of good increase ,the quantity of good demanded decreases
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Demand Definition
Quantity of good service that buyers are willing and able to purchase at different prices in a certain period of time.
Exploration of Buyers
If consumer expect their income to INCREASE, they may consume more now, so demand will INCREASE
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