Question

1. How does demand curve moves in case of exception to Law of demand?
a) Upward
Downward C) Positive d) Negative
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Answer 1

Answer:

Downward

Explanation:

Now the law of demand states that all conditions being equal, as the price of a product increases, the demand for that product will decrease. The graph shows the demand curve shifts from D1 to D2, thereby demonstrating the inverse relationship between the price of a product and the quantity demanded.

Answer 2

$\huge\bold\red{❤Answer❤}$

Downward

$\huge\bold\red{❤Explanation ❤}$

There are two exceptions to the Law of Demand. ... The Law of Demand states that the quantity demanded for a good or service rises as the price falls, ceteris paribus (or with all other things being equal). Therefore, the Law of Demand is an inverse relationship between price and quantity demanded.