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Question: law of demand the law of demand is an inverse...

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Law of Demand The law of demand is an inverse relationship between the price and quantity de manded. Evaluate how you can relate this law to a recent purchase that you have made. Why do you think this law is an effective law that holds within markets? How do you think a store is able to deal with a shortage that is present at a grocery store?What does a shortage reflect about the product? Reply
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