Question

what is article of distinction on exception to the law of demand?​

Answer 1

Answer:

Two exceptions to the law of demand are:- 1) Articles of distinction: These articles are only demanded only when their prices are high. Thus, it violates the law of demand. 2) Giffen goods: Giffen goods are highly inferior goods. When the income of the consumer rises the demand for Giffen goods fall and vice-versa.

Explanation:

make me a brain list

Answer 2

Explanation:

Two exception to the law of demands are

1. Article of distinction : These article are only demand when their prices are higher. Thus it violates the law of demand.

2. Giffen goods : Giffen goods are highly inferior goods.When the income of the consumer rises the demand giffen goods falls and vice- versa

......... mark me brainlest , thanks me please

.............I hope it is helpful to you