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Using rulers as an example, explain how the Law of Demand shows that there is an INVERSE relationship between the price of rulers and the quantity demanded.
in Grade 9 EMS by Silver Status (28,718 points) | 9 views

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Consumers will buy more of rulers when its price is lower and less rulers when its price is higher. Therefore as price increases, quantity demanded decreases, and as price decreases, quantity demanded increases.
by Silver Status (28,718 points)

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