The law of demand holds true when:

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Economics · Law of Demand

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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all determinants of demand, other than own price of the commodity, remain constant

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Answer 1

prices of related goods are allowed to change

Answer 2

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Answer 3

own price of the commodity is assumed to be constant

Answer 4

all determinants of demand, other than own price of the commodity, remain constant

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