explain law of demand is derived from the law of diminishing marginal utility give an illustration using single commodity equilibrium
Riya,
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A similar question has already been answered by one of our experts. Refer to the following link to view the same.
https://www.meritnation.com/ask-answer/question/derive-law-of-demand-from-the-single-commodity-equilibrium-c/economics/9329907
We would advice you to not to keep on piling your questions, rather, you should keep posting 1 to 2 questions per subject (Accountancy, Economics and Business Studies) on everyday basis. Ideally, you should go through the study material that is available on our website and look for the answers to the questions. This will not only help you to enhance your analytical abilities but also will help you to learn the application of your knowledge. In this manner, you will gain confidence and will help you in evaluating your preparation.