Explain the causes behind law of demand OR Why is there an inverse relationship between the price of a commodity and its quantity demanded ?

Explain the causes behind law of demand OR Why is there an inverse r

1.	Explain the causes behind law of demand OR Why is there an inverse relationship between the price of a commodity and its quantity demanded ?
Answer» <html><body><p></p>Solution :(i) Law of <a href="https://interviewquestions.tuteehub.com/tag/diminishing-2044202" style="font-weight:bold;" target="_blank" title="Click to know more about DIMINISHING">DIMINISHING</a> Marginal Utility.<br/>(<a href="https://interviewquestions.tuteehub.com/tag/ii-1036832" style="font-weight:bold;" target="_blank" title="Click to know more about II">II</a>) <a href="https://interviewquestions.tuteehub.com/tag/substitution-1231654" style="font-weight:bold;" target="_blank" title="Click to know more about SUBSTITUTION">SUBSTITUTION</a> Effect.<br/>(iii) Income Effect.<br/>(iv) Additional Customers.<br/>(<a href="https://interviewquestions.tuteehub.com/tag/v-722631" style="font-weight:bold;" target="_blank" title="Click to know more about V">V</a>) Different Uses.</body></html>