Question

economic term of Amount to be paid by the concerned person in case of violation of law.​

Answer 1

Answer:

There are two exceptions to the Law of Demand. Giffen and Veblen goods are 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). ...

Explanation:

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