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Describe the following graph. Does it follow the law of demand? Explain why yes or no. Are there any exceptions to the law of demand?

Describe the following graph. Does it follow the law of demand? Explain why yes or no. Are there any exceptions to the law of demand? Explain in details with some examples provided.

Price Market Demand P2 11 P1 -Q1 Q2 Quantity

Price P2 P1 I Q1 Q2 Market Demand Quantity

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