Question

Describe what is revealed through the law of demand. Explain what the law of demand fails to reveal about the quantity demanded​

Answer 1

Hey there! The following should answer your question:

The law of demand tells us: Change in price will cause a change in the quantity demands and which direction it will change.

Does not tell us: How much the quantity demanded will change. A little or a lot? The law of demand fails to reveal the exact amount of change in the demand and/or price of an item.

Answer 2

price increase= demand decrease

Step-by-step explanation:

The law of demand states that the quantity demanded of a good shows an inverse relationship with the price. Basically, It means that as the price increases, demand decreases.