tag:blogger.com,1999:blog-3502908372789911041.post182923804993002273..comments2024-01-30T00:42:09.433-08:00Comments on Economics: Law of DemandSarika Gugnani Tanejahttp://www.blogger.com/profile/12723282744055018807noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3502908372789911041.post-22573020858165862192018-07-06T22:03:47.674-07:002018-07-06T22:03:47.674-07:00Demand means the quantity of goods and services wh...Demand means the quantity of goods and services which consumers would buy in a market at a given time and price.<br /><a href="https://www.managementnote.com/what-do-you-mean-by-demand/" rel="nofollow">Demand</a><br />Smirti Bamhttps://www.blogger.com/profile/11992294271380555449noreply@blogger.comtag:blogger.com,1999:blog-3502908372789911041.post-9590687864362202442018-05-18T06:11:00.242-07:002018-05-18T06:11:00.242-07:00That is stunning! I'm passed up the character ...That is stunning! I'm passed up the character of this astounding.I've perused a lot of articles, however this is one of the greatest ones that I've perused. Carry on providing more articles this way.<a href="https://www.eole.co/notre-atelier/" rel="nofollow">creation t-shirt</a><br />Anonymoushttps://www.blogger.com/profile/05704159231627046186noreply@blogger.comtag:blogger.com,1999:blog-3502908372789911041.post-73516081524803560192017-06-08T12:56:27.813-07:002017-06-08T12:56:27.813-07:00This topic is useful. But I was interested to seen...This topic is useful. But I was interested to seen <a href="http://www.knowledgiate.com/exceptions-to-the-law-of-demand/%22" rel="nofollow">The Exceptions To The Law Of Demand</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3502908372789911041.post-58881143097176499052015-09-07T01:32:56.388-07:002015-09-07T01:32:56.388-07:00As said in previous comment the use of term increa...As said in previous comment the use of term increase or decrease in demand is not appropriate here as it's used when the change in demand is due to change in factors other than price. Besides the other words mentioned you can say increase or decrease in QUANTITY DEMANDED. <br />Moreover the basis for Law of Demand is Law of DMU. How can you not mention it while stating the reasons for downward slope of a demand.<br />Also please use specific terms like veblen goods. giffen goods, conspicuous necessities, speculative goods , etc. in exceptions.<br />That's it. Thank you for your hard work.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3502908372789911041.post-28419816789524846212014-07-12T10:33:30.763-07:002014-07-12T10:33:30.763-07:00While stating the Law of Demand, we dont use the w...While stating the Law of Demand, we dont use the words 'increase' or 'decrease' in demand.. Instead we use 'rise or fall' in demand or 'expansion or contraction' of demand.The simple way to define will be: "Other things being equal, when price rises, demand falls or when price falls, demand rises."Increase or decrease in demand means , demand changes not because of a change in price of the commodity but because of other factors which we have assumed to be constant.Anonymousnoreply@blogger.com