Question

How does the law of demand take determinants of demand into account?​

Answer 1

Answer:

The law of demand states that when prices rise, the quantity of demand falls. ... It's then plotted on a graph to show the demand curve. The demand curve shows just the relationship between price and quantity. If one of the other determinants changes, the entire demand curve shifts.

Answer 2

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The law of demand states that when prices rise, the quantity of demand falls.It's then plotted on a graph to show the demand curve. The demand curve shows just the relationship between price and quantity. If one of the other determinants changes, the entire demand curve shifts.

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