Answer
See explanation
Work Step by Step
The law of demand states: ceteris paribus, as the price of a good falls, the quantity demanded increases, and as the price rises, the quantity demanded decreases.
Key assumption here is: ceteris paribus (all other factors affecting demand remain constant).
The apparent “smaller quantity demanded at a lower price” is usually due to changes in other factors: income, tastes, prices of related goods, or supply shifts.
The law of demand applies along a given demand curve, holding other factors constant.
The observation does not refute the law of demand.
It illustrates a shift in the demand or supply curve, not a violation of the inverse price–quantity relationship along a single demand curve.
