what are the exceptions of law of supply
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There are certain exceptions to law of supply, like a change in the price of a good does not lead to a change in its quantity supplied in the positive direction. ... Perishable Goods. Legislation Restricting Quantity. Agricultural Products. Artistic and Auction Goods.
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Explanation:
There are certain exceptions to law of supply, like a change in the price of a good does not lead to a change in its quantity supplied in the positive direction. ... Perishable Goods. Legislation Restricting Quantity. Agricultural Products. Artistic and Auction Goods.
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