Economy, asked by helpmeidkwtd, 3 months ago

Mention any two exceptions to the general law of
demand?

Answers

Answered by nandha2401
0

Explanation:

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)

Answered by shakingChloe
8

Explanation:

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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