The law of demand
1.The law states the nature of relationship between the quantity demanded of a product and it's price others thing being constant
2. Formula of law of demand
Qi=f(P)
3. Qi means quantity of demand of products (I ) and f(P) means function of price
4. The demand schedule explain the law of demand
5. Schedule of demand curve.
6. The demand schedule show when price of
Ice cream is 40 the demand is 4 and price is
30 the demand is 6 it's means when price is
decrease s then demand is increases .
7. That show the inverse relation between price
and demand
