Law of demand must fail if less of a commodity is demanded even when the income of the buyer rises.

True

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False

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Solution

The correct option is B False
False.
Law of demand majorly deals with price and demand relationship, hence, it does not fail when less of a commodity is demanded while income of the buyer rises.
For better understanding, this is simply a case of inferior good.

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Law of demand must fail if less of a commodity is demanded even when the income of the buyer rises.

The correct option is B FalseFalse.Law of demand majorly deals with price and demand relationship, hence, it does not fail when less of a commodity is demanded while income of the buyer rises. For better understanding, this is simply a case of inferior good.

The correct option is B False
False.
Law of demand majorly deals with price and demand relationship, hence, it does not fail when less of a commodity is demanded while income of the buyer rises.
For better understanding, this is simply a case of inferior good.