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The Law of Demand implies that as the __________ of a good or service __________, the quantity demanded of the good or service decreases. 2.

The Law of Demand implies that as the __________ of a good or service __________, the quantity demanded of the good or service decreases.

2. The Law of Demand implies that as the price of a good or service decreases, the __________ demanded of the good or service __________.

3. According to the Law of Demand, price and quantity demanded move in __________ directions.

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