But just as when the wind blows a leaf upward, the law of gravity remains intact, so too with the law of demand.
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Of course, other things seldom stay constant in the real world, so the law of demand is sometimes difficult to test.
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However, just thinking of economics 101, the law of supply and demand implies that if less of something is available there is a good chance the price of what on the market will increase.
Using econometrics to pretend that the law of demand is dead is a dangerous delusion.
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Higher prices being met with greater quantity demanded would seem to defy the law of demand.
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The law of demand tells us that people will want more of something at lower prices and less of something at higher prices.
The Law of Demand always works: the higher the price of anything, the less that will be taken, and this includes labor.
No legislator has ever overturned the law of demand, which says that when the price of labor rises, the quantity demanded will fall (assuming other things are constant).
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The Law of Demand (the higher the price of anything, the less will be taken) predicts that employment will be adversely affected, especially for young and unskilled workers.
He is insisting that the United States Senate accede during the post-Thanksgiving lame-duck session to his demand for the repeal of a 1993 law prohibiting homosexuals from serving in the armed forces.
Current interpretations of the law allows law enforcement to demand your email carrier or Internet access provider turn over your email without the judicial oversight of a warrant many believe is required by the 4th Amendment.
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As a faithful adherent to the Law of Supply and Demand, I am confident this can be achieved.
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The Nahmads are quite familiar with the law of supply and demand.
Going back to the simple Law of Supply and Demand, our only solution is to increase the supply of clean water available in these communities.
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The law of supply and demand tells us that we are going through a typical phase when industries mature and buyers start focusing on prices rather than features.
This is the law of supply and demand at its efficient best: Strong demand from retail investors has helped push these stocks to stratospheric heights because of the number of shares available for trading.
Experts say it is increasingly important for patients to lock in a primary-care doctor soon because of expected increased demand for physicians starting in 2014, when the new federal health-overhaul law will add millions of people to the health-insurance rolls.
If the firms that do most of the hiring are not consultancies or investment banks, they may demand different skills: perhaps expertise in engineering or law, rather than a general understanding of business principles, acquired at great expense.
India is strengthening the law following widespread public demand after the gang rape of a 23-year-old woman in New Delhi in December.
The more likely outcome is that Republicans will bludgeon Democrats with the issue during this autumn's campaigns, then noisily demand revisions to the most contentious aspects of the health-reform law if they reclaim one or both chambers of Congress.
Brazil has countered by seeking a judgment on a clause in America's patent law which lets it demand that products invented with the help of government aid be made in America.
Moreover, many governments that provide medical care for their citizens (including America, if Barack Obama's health proposals become law) are beginning to demand that drugs firms prove the effectiveness of expensive new pills in practice as well as in theory.
Bolivia's anti-drug law allows 12, 000 hectares of Yungas coca, to satisfy demand for its traditional uses.
What's left out of the analysis is Say's Law: Supply creates its own demand.
You also don't need to be a libertarian to demand that any new intervention meet this burden of proof: It will accomplish something that tort law and enforcement of basic laws against force, fraud and collusion do not accomplish.
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