This is the normal law of demand, in which the quantity of corn demanded increases as the price of corn declines.
Financial and business terms. 2012.
Law Of Demand — A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease and vice versa. This law summarizes the effect price changes have on consumer… … Investment dictionary
law of demand — Demand exhibits a direct relationship to price. If all other factors remain constant, an increase in demand leads to an increased price, while a decrease in demand leads to a decreased price. The CENTER ONLINE Futures Glossary … Financial and business terms
demand — de·mand 1 n 1: a formal request or call for something (as payment for a debt) esp. based on a right or made with force a shareholder must first make a demand on the corporation s board of directors to act R. C. Clark a written demand for payment… … Law dictionary
law of demand — a statement in economics: the quantity of an economic good purchased will vary inversely with its price compare inferior good … Useful english dictionary
Demand (economics) — Demand redirects here. For other uses, see Demand (disambiguation). In economics, demand is the desire to own anything, the ability to pay for it, and the willingness to pay[1] (see also supply and demand). The term demand signifies the ability… … Wikipedia
Prostitution and the law — Prostitution legal and regulated … Wikipedia
United Nations Convention on the Law of the Sea — For maritime law in general, see Admiralty law. United Nations Convention on the Law of the Sea Logo of the Convention Signed December 10, 1982 Location Montego Bay, Jamaica Effective November 16, 1994[1] … Wikipedia
Photography and the law — A No Photography sign, commonly placed in properties where the owner objects to or it is illegal to take photographs (though in some jurisdictions, this is not a legal requirement). Photography tends to be protected by the law through copyright… … Wikipedia
A Dissertation on the American Justice System by People Who Have Never Been Inside a Courtroom, Let Alone Know Anything About the Law, but Have Seen Way Too Many Legal Thrillers — Infobox Television episode Title = A Dissertation on the American Justice System by People Who Have Never Been Inside a Courtroom, Let Alone Know Anything About the Law, but Have Seen Way Too Many Legal Thrillers Series = Season = 1 Episode = 4… … Wikipedia
demand — an order to comply with an obligation. In business, paying on demand means that the obligation must be satisfied immediately when requested. Glossary of Business Terms The desire to purchase economic goods or services (and the financial ability… … Financial and business terms
