Question

explain the law of demand with the help of a diagram explain any five factor affecting the demand of commodity​

Answer 1

law of demand states that keeping all the factors constant (ceterus paribus) the price of a commodity falls with a rise in it's quantity demanded vice versa

factors affecting demand

1)price of commodity

2)price of related goods

3)taste and preference of the buyer

4) income of the consumer

5)no of consumers in the market

Answer 2

Explanation:

law of demand state that keeping all the factors constant . the price of a commoditiy falls with in a rise its quantity demand vice versa

factors affecting demand

1, price of a commodity

2, price of related goods

3, income of the consumer

4, tastes and preferences

5, no of consumer in the market