Of the following which does not contribute to the inverse relationship between price and quantity demanded?

Question

Quizplus · Accepted Answer

The scale effect actually reinforces the inverse relationship between price and quantity demanded, as it is the tendency for consumers to buy more of a product as their purchasing power increases. The income effect and substitution effect both contribute to the inverse relationship, as they describe how consumers' purchasing decisions change based on changes in price. The Law of Diminishing Marginal Utility also contributes to the inverse relationship, as it explains how consumers tend to value additional units of a product less and less as they consume more of it.

Of the Following Which Does Not Contribute to the Inverse