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Substitution and income effects and the Law of Demand | APⓇ Microeconomics | Khan Academy
Keep going! Check out the next lesson and practice what you’re learning: https://www.khanacademy.org/economics-finance-domain/ap-microeconomics/unit-2-supply-and-demnd/micro-demand/e/markets--property-rights--and-the-law-of-demand The law of demand states that quantity demanded increases when price decreases, but why? Two reasons why the ...
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