The Law of Demand is an important macroeconomic element. You can learn more about other topics of macroeconomics with the NSE Academy Certified Macroeconomics course.

Does the law of demand really work all the time? Do you agree?

Umm, I don’t.

Let’s dig deeper and see how does it work.

Well, let’s understand what is the law of demand? The law of demand states that all other factor remaining constant, as the price of a product increases, quantity demanded decreases and vice versa. For example, when the price of air tickets comes down, the demand shoots up and people prefer to travel by airplane than railways or any other means.

To read more visit : https://www.elearnmarkets.com/blog/the-fallacy-of-law-of-demand-in-stock-market/