Скачать или смотреть Exceptions to the Law of Demand | GIFFIN PARADOX | Veblen Effect | Managerial Economics | MBA BBA

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Dear all,
📢 Understanding the Exceptions to the Law of Demand!

The Law of Demand states that as the price of a good increases, demand decreases, and vice versa. But did you know there are exceptions to this fundamental economic principle? 🤔 In this video, we explore the key situations where the Law of Demand does not apply and explain them with real-world examples.

📌 Key Topics Covered:
✅ What is the Law of Demand? 📉
✅ Situations where demand increases despite price hikes
✅ Giffen Goods & Inferior Goods – When higher prices lead to higher demand
✅ Veblen Goods – Why luxury items defy demand norms 💎
✅ Expectations of Future Price Changes – How speculation affects demand
✅ Necessities vs. Comforts – The role of essential goods in demand theory

🎓 Simplified Management Studies by Dr. Vineeth Kumar P K makes economics easy to understand with practical explanations. Whether you’re a student, entrepreneur, or economics enthusiast, this video will help you grasp the exceptions that challenge traditional economic thinking.

📢 Don’t forget to LIKE, COMMENT & SUBSCRIBE for more insightful management and economics lessons! 🚀

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