During December each year,the number of Christmas trees sold increases,as does the price of the trees.This clearly violates the Law of Demand

Question

Quizplus · Accepted Answer

The statement is incorrect. The Law of Demand states that as the price of a good or service increases, the demand for it decreases, and vice versa. However, in the case of Christmas trees, the demand increases during December due to the holiday season, which leads to an increase in price. This is a case of a shift in demand, rather than a violation of the Law of Demand.

During December Each Year,the Number of Christmas Trees Sold Increases,as