Answer to Question #231140 in Economics of Enterprise for Oorusha Nuzooa

Question #231140

According to theories, explain the two main reasons why the law of demand is

always valid?


1
Expert's answer
2021-08-30T14:36:38-0400

It is an economic principle that relates to the market events. For instance, most people are interested much into cheap products as stated by the law. The aspect happens based on the diminishing marginal utility.


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