Welcome to another episode of my podcast. This episode discusses that price is not the only determining factor. The Law of Demand is only true if all other determinants don’t change (ceteris paribus), such as consumer’s taste and preference.
Welcome to another episode of my podcast. This episode discusses that price is not the only determining factor. The Law of Demand is only true if all other determinants don’t change (ceteris paribus), such as consumer’s taste and preference.