📌 Law of Demand Explained | Economics Made Easy
In this video, we explain the Law of Demand in simple words with real-life examples. You’ll understand why demand decreases when prices rise and increases when prices fall, along with its assumptions and exceptions.
✅ Topics Covered:
Meaning of Law of Demand
Assumptions of Law of Demand
Exceptions to the Law of Demand
Real-life Examples
This video is helpful for UPSC, PCS, SSC, NET, Class 11 & Class 12 Economics, and for anyone who wants to learn the basics of microeconomics.
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