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Law of demand

212 bytes added, 13:29, 14 August 2010
Subconscious behavior
===Subconscious behavior===
In many cases, changes in behavior based on the law of demand are subconscious and not based on any conscious calculation. In other words, humans may have natural instincts that lead them to buy more of something when it is cheaper. Such instincts may have both evolutionary and cultural roots. Note that such instinctive behavior may be prone to abuse -- for instance, it may respond more to ''perceived'' price differentials (without taking into account [[hidden cost]]s) than actual price differentials. {{fillin}}
==References==
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