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 income.

Welcome to another episode of my podcast. This episode discusses the Law of Demand that governs the relationship between the quantity demanded and the price.

Welcome to another episode of my podcast. This episode discusses the Determinants of Demand. The most important is the price of the good or service itself. The second are Non Price determinants which is affected by circumstances.