Law of Demand: Difference between revisions
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(Created page with "{{Learning concept |Description=The inverse relationship between the price and the quantity demanded of a commodity per time period. }}") |
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{{Learning concept | {{Learning concept | ||
|Description=The inverse relationship between the price and the quantity demanded of a commodity per time period. | |Description=The inverse relationship between the price and the quantity demanded of a commodity per time period. | ||
|Wikipedia reference=http://en.wikipedia.org/wiki/Law_of_demand | |||
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Latest revision as of 15:00, 31 March 2014
Description
The inverse relationship between the price and the quantity demanded of a commodity per time period.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Law of demand
Learning Material
Covered in Topic(s)
Demand Theory |