Discover exceptions to the law of demand, like Giffen and Veblen goods, and understand why they don't disprove core economic principles.

The demand curve explains the relationship between price and number of sales (also called product demand). Companies can leverage some control over their sales by manipulating the price, but there are ...

Consider this question that seems like a riddle: What is the difference between demand and quantity demanded? They sound like two sides of the same question, but they're actually different – and ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...