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The law of demand will not hold when

Economics
WAEC 2024

The law of demand will not hold when

  • A. normal goods are involved.
  • B. size of the population changes.
  • C. rare commodities are involved.
  • D. incomes of consumers increase.
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Correct Answer: Option C
Explanation

C: The law of demand is applicable to normal commodities for rare commodities, it is not applicable.

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