oliviap500 oliviap500
  • 15-05-2020
  • Business
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*ASAP WILL GIVE BRAINLIEST*
Attached is a micro-Econ question

ASAP WILL GIVE BRAINLIEST Attached is a microEcon question class=

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MYSKITTLE MYSKITTLE
  • 15-05-2020

Answer:

No, it is not a violation of the law of demand, hence why it is a "law."

Explanation:

During summer months, the demand for beach resorts increases. This is different from an increase in quantity demanded. The curve is shifting instead, towards the right, while the supply is stable. Since the demand curve shifts right, the price will increase to restore market equilibrium.

It is best to draw a graph for these questions, and know your demand determinants.

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