Question and answer
What is the law of demand?
The law of demand is a microeconomic law that states, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.
Question
Asked 6/30/2011 3:04:01 PM
Updated 9/17/2014 9:32:53 AM
1 Answer/Comment
Edited by andrewpallarca [9/17/2014 9:31:53 AM]
Get an answer
New answers
Rating
3
The law of demand is a microeconomic law that states, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.
Added 9/17/2014 9:32:53 AM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Define variation
Weegy: differences within a species (More)
Question
Updated 8/5/2015 12:23:09 AM
1 Answer/Comment
Brokers
Weegy: A broker is an individual or party (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. (More)
Question
Updated 10/18/2014 6:50:56 AM
0 Answers/Comments
Friction can be reduced by?
Weegy: Definition of friction is clash: a state of conflict between persons, the resistance encountered when one body is moved in contact with another, the effort expended in moving one object over another with pressure. User: Friction can be reduced by? User: Friction can be reduced by? Weegy: Definition of friction is clash: a state of conflict between persons, the resistance encountered when one body is moved in contact with another, the effort expended in moving one object over another with pressure. User: Friction? Weegy: Definition of friction is clash: a state of conflict between persons, the resistance encountered when one body is moved in contact with another, the effort expended in moving one object over another with pressure. User: Friction? Weegy: Definition of friction is clash: a state of conflict between persons, the resistance encountered when one body is moved in contact with another, the effort expended in moving one object over another with pressure. User: Friction? Weegy: Definition of friction is clash: a state of conflict between persons, the resistance encountered when one body is moved in contact with another, the effort expended in moving one object over another with pressure. User: What is force Weegy: A static force is a frictional force between two forces User: What is force Weegy: A static force is a frictional force between two forces (More)
Question
Updated 5/7/2014 12:35:10 AM
3 Answers/Comments
Who discovered the sea route to India?
Question
Updated 9/18/2015 2:58:36 AM
1 Answer/Comment
what are the markerting proceses
Question
Updated 9/28/2017 7:49:59 AM
1 Answer/Comment
28,197,371
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
Which one of the following choices is a reason to have good posture?
Weegy: Knees that extend backward too much is a reason to have good posture.
1/15/2019 11:06:43 AM| 7 Answers
During the flood recovery process, you should empty all containers ...
Weegy: yes to kill all the bacteria in the Container.
1/14/2019 12:57:41 AM| 4 Answers
_______ are on chromosomes in the nucleus of a cell
Weegy: Eukaryotic cells have a nucleus which contains the cellular genes in the form of chromatin. User: When ...
1/9/2019 7:54:45 PM| 2 Answers
Is there anyone here who is a weegy expert but doesn't live in ...
Weegy: Hello. Weegy is not affiliated with PayPal, so they can't tell which country is not available to receive ...
1/10/2019 1:57:51 AM| 2 Answers
2(x + 1) – (–x + 5) –18.
Weegy: ? * 18.2 = 9.1 User: Michelle will be 72 years old in eighteen years. How old is Michelle now?
1/10/2019 12:49:24 PM| 2 Answers
Solve 7x – 5x – 3 = x + 4.
Weegy: 5x + 2x + 7x User: Solve –4(6x + 3) = –12(x + 10). Weegy: 6x + 2 = 14 User: The math department wants ...
1/10/2019 1:35:37 PM| 2 Answers
Who is vice president of the united States?
Weegy: The 44th and current President of the United States is Barack Obama. User: Who is the attorney general of the ...
1/10/2019 10:26:57 PM| 2 Answers
Granite is a ________ that contains the mineral quartz. a. mineral b. ...
Weegy: Granite is a rock that contains the mineral quartz. User: Process by which sediment is removed from its ...
1/16/2019 3:15:10 PM| 2 Answers
S
L
Points 815 [Total 868] Ratings 4 Comments 775 Invitations 0 Offline
S
L
Points 771 [Total 799] Ratings 1 Comments 761 Invitations 0 Offline
S
R
L
R
P
R
P
R
R
R
R
P
R
P
P
Points 634 [Total 3334] Ratings 3 Comments 604 Invitations 0 Offline
S
L
Points 192 [Total 993] Ratings 2 Comments 162 Invitations 1 Offline
S
Points 87 [Total 87] Ratings 0 Comments 87 Invitations 0 Offline
S
Points 57 [Total 59] Ratings 0 Comments 57 Invitations 0 Offline
S
Points 52 [Total 52] Ratings 5 Comments 2 Invitations 0 Offline
S
Points 40 [Total 41] Ratings 0 Comments 20 Invitations 2 Offline
S
Points 23 [Total 23] Ratings 2 Comments 3 Invitations 0 Offline
S
L
R
P
Points 13 [Total 1396] Ratings 0 Comments 13 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.