+The Law of Demand is a fundamental principle in [Economics](/wiki/economics), stating that as the [Price](/wiki/price) of a good or service increases, the quantity demanded by consumers decreases, assuming all other factors remain constant. This inverse relationship illustrates how consumers typically react to changes in cost.
+## See also
+- [Supply](/wiki/supply)
+- [Elasticity](/wiki/elasticity)
+- [Market](/wiki/market)
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