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This law simply states that when a good/service price is lower consumers will buy
more of it:
O Income effect
O Law of demand
O Substitution effect
Law of supply

Respuesta :

iam9uezz

Answer:

the law of demand

Explanation:

the law of demand states that as the price of a good/service rises, the quantity demanded of that good/service will decrease and when the price of a good/service falls, the quantity demanded of that good/service rises.

rainbowgirl0829

Answer:

law of supply

Explanation:

as the price of a good increases, the quantity a producer is able and willing to produce. The value of supply is found at the intersection between quantity and price.