law of demand

noun

Definitions

  1. A principle which states that there exists an inverse relationship between the price of a…

    A principle which states that there exists an inverse relationship between the price of a good and the quantity demanded, such that as the price rises, the quantity demanded falls, and vice versa.

The neighborhood

Vish — recursive loop

No curated loop yet for law of demand. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA