Economy, asked by darpanamudgal, 10 months ago

Explain Law of Demand with exceptions.​

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Answered by posh23
2

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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