Which of the following scenarios does not illustrate the law of demand?
A)When Kit-Kats are cheaper, Mary opts to buy more Kit-Kats.
B)Darren buys two pairs of jeans when they are $40 each, but only one pair when it is $60.
C)Layla buys less tea when the price of tea rises.
D)Freya buys more doughnuts when the price of doughnuts is higher.

Question

Quizplus · Accepted Answer

The law of demand states that as the price of a good or service increases, the quantity demanded decreases, and vice versa. Option D is the only scenario that goes against this law, as it suggests that increasing the price of doughnuts leads to an increase in the quantity demanded.

Which of the Following Scenarios Does Not Illustrate the Law