Economy, asked by Komalbht4880, 6 months ago

Exemptions to the law of demand- Giffin goods

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Answered by prabhat311

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). ...

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