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Answer» Heya....
See here for your answer....
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What is law of demand ??
Ans --
This is the law states that , other things remaining CONSTANT then there is an invite RELATIONSHIP between the own price and the quantity demanded of the COMMODITY....
Assumptions of law of demand --
√ The price of related GOODS remains constant...
√ Income of the consumer doesn't change...
√ Consumer doesn't give preference to his Tastes..
√ Future expectations of the goods avaibility remains unchanged..
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