The answer is below.
Work Step by Step
The law of demand states that as the demand for a given good decreases, the price of the given good increases. Thus, as demand changes, the demand curve shifts up and down.
You can help us out by revising, improving and updating this answer.Update this answer
After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.