The "law of demand" is illustrated by a

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The "law of demand" states that, all else being equal, as the price of a product decreases, the quantity demanded of it will increase, and vice versa. This is represented by a movement along the demand curve, not by shifting the curve itself. Shifts in the demand curve (either rightward or leftward) are caused by factors other than the price of the good itself, such as changes in consumer income, preferences, or prices of related goods.

The "Law of Demand" Is Illustrated by a