|
|
|
|
The Law of Demand, assuming other things to remain constant, establishes the relationship between:
|
[A]. |
Income of the consumer and the quantity of a commodity demanded by him | [B]. |
Price of a commodity and the quantity demanded
|
[C]. |
Price of a commodity and the demand for its substitute | [D]. |
Quantity demanded of a commodity and the relative prices of its complementary goods |
|
|
|
|