Do You Know That in law of demand their are some exception
No I don't know about it. So can you please explain me.
Yes, the demand curve slopes downwards, showing the inverse relationship between price and quantity demanded. in certain cases the reverse may occur as a rise in price may increase the demand
Ok I understood it but can you explain it by giving some examples for it.
Yes, why not there are some goods like griffen goods in which demands rises with a rise in income, there are goods related to fashion, status symbols good s,goods which are necessities of life and many more.
OK Now I understood it completely,Thank you a nice explanation.