[Answer] Which does the law of demand do? Check all that apply

Answer: -allows producers to respond to consumers-allows consumers to influence prices

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Which does the law of demand do? Check all that apply The law of demand applies most directly to which group. buyers. A factor that most influences changes in consumer demand is. price. Demand is an economic principle that describes a consumer's desire and willingness to pay a price for a specific good or service. Holding all other factors constant an increase in the price of a good or service will decrease demand and vice versa. It is also an increase in price due to an increase in demand . Which does the law of demand do? Check all that apply . - allows producers to respond to consumers-allows consumers to influence prices. Which best describes a reason that consumer demand … Which does the law of demand do ? Check all that apply . A.allows producers to respond to consumers B.allows consumers to influence prices C .provides a demand schedule for a market D.allows consumers to choose low-priced goods E.provides consumers with additional income Tue Feb 04 2020 · This 'law' states that as demand increases for a given supply the price will rise; and as demand falls prices fall . Likewise as supply rises … The law of supply definition is used in reference to the types of goods or services a market can create and the law of demand definition is used to explain the types of pr...

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