Hi Tina. We had an economics class in college today. I was not able to comprehend the topic being taught. That's why I am a little sad.
Oh dear. That's no reason to worry. Tell me what was the topic. Maybe I can help you.
Oh yes. I forgot that you have done a major in economics during your college. You should be able to help me with it. The topic discussed was exceptions to Law of Demand.
That's a topic I can definitely help you with. Let us get to my house so that I can explain it better.
Now tell me. What is it that you did not understand in the class?
I know the law of demand that states an existence of inverse relationship between the price of commodity and the quantity demanded. If this is the general consumer behavior, how could exceptions to the law exist?
I understand your confusion. Let me use a real life example to help you understand the concept.