Law of Demand

In a sentence

Under the law of demand, buyers generally purchase less of an asset as its price rises, all else equal.

• Under the law of demand, buyers generally purchase less of an asset as its price rises, all else equal.
• The analyst used the law of demand to explain weaker buying interest at higher prices.
• A change in income can shift demand even though the law of demand describes movement along a demand curve.
• Token incentives complicated the simple relationship predicted by the law of demand.
• The market example illustrated how lower prices attracted additional buyers.