Question

Basic assumptions of law of demand include *

Prices of other goods should change.

There should be substitute for the commodity.

The commodity should not confer any distinction.

The demand for the commodity should not be continuous

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Answer 1

Answer:

I don't know answer for this question

Answer 2

Explanation:

Main assumptions of the law of demand are as follows: Prices of the related goods do not change. Incomes of the consumers do not change. ... No expectation of the consumer to any change in the price of the commodity in the near future.