The law of demand states that, holding everything else constant, when the price of a product increases

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The law of demand states that, holding everything else constant, when the price of a product increases the quantity demanded of the product will decrease. If grocery sales increased after the prices of grocery items increased, does this mean the demand for groceries is an exception to the law of demand?

Posted Date: Jul 03, 2024 02:20 PM

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The law of demand states that, holding everything else constant, when the price of a product increases

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