The Law of demand states that ______________
Law of demand · It explains relationship between the quantity demanded of a commodity and its unit price. · As per it, demand varies inversely with price, other thing being equal. · rise in the price of a commodity or service is followed by a reduction in the quantity demanded and fall in the price is followed by extension in demand, with other conditions remaining the same.
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FORGING
After reading the passage it can be inferred that it is
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