{"id":2016,"date":"2019-07-28T08:23:08","date_gmt":"2019-07-28T08:23:08","guid":{"rendered":"https:\/\/commerceiets.com\/?p=2016"},"modified":"2019-07-28T08:23:08","modified_gmt":"2019-07-28T08:23:08","slug":"law-of-demand","status":"publish","type":"post","link":"https:\/\/commerceiets.com\/law-of-demand\/","title":{"rendered":"LAW OF DEMAND"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#LAW_OF_DEMAND\" title=\"LAW OF DEMAND\">LAW OF DEMAND<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#ASSUMPTIONS_OF_THE_LAW_OF_DEMAND\" title=\"ASSUMPTIONS OF THE LAW OF DEMAND\">ASSUMPTIONS OF THE LAW OF DEMAND<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#EXPLANATION_OF_THE_LAW_OF_DEMAND\" title=\"EXPLANATION OF THE LAW OF DEMAND\">EXPLANATION OF THE LAW OF DEMAND<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#WHY_DEMAND_CURVE_SLOPES_DOWNWARD\" title=\"WHY DEMAND CURVE SLOPES DOWNWARD?\">WHY DEMAND CURVE SLOPES DOWNWARD?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#LAW_OF_DIMNISHING_MARGINAL_UTILITY\" title=\"LAW OF DIMNISHING MARGINAL UTILITY\">LAW OF DIMNISHING MARGINAL UTILITY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#INCOME_EFFECT\" title=\"INCOME EFFECT\">INCOME EFFECT<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#SUBSTITUTION_EFFECT\" title=\"SUBSTITUTION EFFECT\">SUBSTITUTION EFFECT<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#SIZE_OF_CONSUMER_GROUP\" title=\"SIZE OF CONSUMER GROUP\">SIZE OF CONSUMER GROUP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/commerceiets.com\/law-of-demand\/#ALTERNATIVE_USES\" title=\"ALTERNATIVE USES\">ALTERNATIVE USES<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 class=\"has-text-align-center wp-block-heading\" id=\"law-of-demand\"><span class=\"ez-toc-section\" id=\"LAW_OF_DEMAND\"><\/span>LAW OF DEMAND<span class=\"ez-toc-section-end\"><\/span><\/h1>\n\n\n\n<p class=\"has-medium-font-size\">Law of <a href=\"https:\/\/commerceiets.com\/demand\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"demand (opens in a new tab)\">demand<\/a> explains the relationship between price of the commodity and its demand. The law states that there is inverse or negative relationship between the demand and price of the commodity, ceteris paribus i.e. other things being constant. It means if the price of the commodity increases, the demand for commodity decreases and if the price of commodity falls, the demand for commodity increases.<\/p>\n\n\n\n<p class=\"has-luminous-vivid-amber-background-color has-background has-medium-font-size\"><strong>ACCORDING TO MARSHALL<\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">\u201cThe law of demand states that amount demanded increases\nwith a fall in price and diminishes with the increase in price\u201d.<\/p>\n\n\n\n<p class=\"has-luminous-vivid-amber-background-color has-background has-medium-font-size\"><strong>ACCORDING TO SAMUELSON<\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">\u201cLaw of Demand states that people will buy more at lower prices\nand buy less at higher prices, ceteris paribus\u201d. <\/p>\n\n\n\n<p class=\"has-luminous-vivid-amber-background-color has-background has-medium-font-size\"><strong>ACCORDING TO BILAS<\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">\u201cThe Law of Demand states that other things being equal, the\nquantity demanded per unit of time will be greater, the lower the price and\nsmaller, the higher the price.\u201d<\/p>\n\n\n\n<p class=\"has-luminous-vivid-amber-background-color has-background has-medium-font-size\"><strong>ACCORDING TO FERGUSON<\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">\u201cThe quantity demanded varies inversely with price\u201d.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Thus, law of demand states that, other things being equal,\nthere is an inverse relationship between quantity demanded and own price of the\ncommodity. <\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"assumptions-of-the-law-of-demand\"><span class=\"ez-toc-section\" id=\"ASSUMPTIONS_OF_THE_LAW_OF_DEMAND\"><\/span>ASSUMPTIONS OF THE LAW OF DEMAND<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-luminous-vivid-amber-background-color has-background has-medium-font-size\"><strong>ACCORDING TO PROF. STIGLER AND BOULDING<\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">The main assumptions of the law are:<\/p>\n\n\n\n<ul><li>No change in the tastes and preferences of consumers.<\/li><li>Consumer\u2019s Income must remain the same. <strong>Marshall<\/strong> assumed that money income should not change. <strong>Milton Friedman <\/strong>thinks that real income should remain constant.<\/li><li>The prices of the commodities related to the commodity in demand should not change.<\/li><li>&nbsp;There should be no change in the wealth of the consumers and their tastes.<\/li><\/ul>\n\n\n\n<p class=\"has-medium-font-size\">The Other Assumptions of the law are:<\/p>\n\n\n\n<ul><li>There is no change in consumer\u2019s preferences, tastes, habits and fashion etc.<\/li><li>The consumer expects there will be no change in the price of commodity in future.<\/li><li>There is no change in the government policy concerning demand and taxes.<\/li><li>There is no change in the distribution of income in the country.<\/li><li>It is also assumed that the consumer is rational and the consumer has perfect knowledge about the market.<\/li><li>The nature of commodity is normal. The law of demand does not apply to giffen goods.<\/li><\/ul>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"explanation-of-the-law-of-demand\"><span class=\"ez-toc-section\" id=\"EXPLANATION_OF_THE_LAW_OF_DEMAND\"><\/span>EXPLANATION OF THE LAW OF DEMAND<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-medium-font-size\">The law of demand can be explained with the following table: <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>   PRICE OF   GOOD X   <\/strong><\/td><td><strong>   QUANTITY   DEMANDED OF GOOD X   <\/strong><\/td><\/tr><tr><td>   1<br \/>   2<br \/>   3<br \/>   4<br \/>   5   <\/td><td>   5<br \/>   4<br \/>   3<br \/>   2<br \/>   1   <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-medium-font-size\">The table shows the negative relationship between the\nquantity demanded and price. When the price is \u20b91, the consumer makes purchase\nof 5 units. When price rises to \u20b95, the quantity demanded decreases to 1 unit. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">The law of demand can also be explained with the help of demand curve:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"195\" height=\"186\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/07\/image-3.png\" alt=\"DEMAND CURVE\" class=\"wp-image-2018\"\/><figcaption>DEMAND CURVE<\/figcaption><\/figure>\n\n\n\n<p class=\"has-medium-font-size\">The above curve shows the quantity demanded on OX axis and Price\nof the commodity on OY axis. DD is the downward sloping curve showing the\nnegative relationship between price and quantity demanded. When the price is\n\u20b91, the consumer makes purchase of 5 units. When price rises to \u20b95, the quantity\ndemanded decreases to 1 unit. <\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"why-demand-curve-slopes-downward\"><span class=\"ez-toc-section\" id=\"WHY_DEMAND_CURVE_SLOPES_DOWNWARD\"><\/span>WHY DEMAND CURVE SLOPES DOWNWARD?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-medium-font-size\">Downward slope of demand curve indicates the more is\npurchased in response to fall in price. The reasons why demand curve slopes\ndownward can be explained as follows:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"law-of-dimnishing-marginal-utility\"><span class=\"ez-toc-section\" id=\"LAW_OF_DIMNISHING_MARGINAL_UTILITY\"><\/span>LAW OF DIMNISHING MARGINAL UTILITY<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">The law of diminishing marginal utility states that as more and more units of commodity are consumed, the marginal utility derived from each successive or additional unit becomes less and less. Accordingly, for each additional unit of the commodity, the consumer is willing to pay less and less price.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"income-effect\"><span class=\"ez-toc-section\" id=\"INCOME_EFFECT\"><\/span>INCOME EFFECT<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Income effect refers to the effect on quantity demanded when the real income of buyer changes due to change in the price of the commodity. With the fall in price, the real income increases and with the rise in price, the real income falls. Due to this, the law of demand applies and demand curve slopes downward from left to right.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"substitution-effect\"><span class=\"ez-toc-section\" id=\"SUBSTITUTION_EFFECT\"><\/span>SUBSTITUTION EFFECT<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Substitution effect refers to the substitution of commodity having high price with the commodity having low price. It leads to increase in demand for commodity having low price and decrease in the demand of commodity having high price. Hence, more demand is made at lower price and less demand is made at higher price, makes the demand curve slopes downward.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"size-of-consumer-group\"><span class=\"ez-toc-section\" id=\"SIZE_OF_CONSUMER_GROUP\"><\/span>SIZE OF CONSUMER GROUP<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">When the price of the commodity is high, few people can afford it and can buy. When the price of good falls, the more people can afford it and can buy. This leads to the applicability of law of demand as with the fall in price the more consumers start consuming the goods and demand increases or with the increase in price, less consumers consume the commodity and demand decreases.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"alternative-uses\"><span class=\"ez-toc-section\" id=\"ALTERNATIVE_USES\"><\/span>ALTERNATIVE USES<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">There are some commodities which have alternative uses like milk. When the price of these goods increases, people use them in small quantities and for limited use only. Accordingly, demand falls. On the contrary, if the price decreases, the good will be put to many uses, which make it demanded more by consumers. This leads to the applicability of law of demand and demand curve slopes downward.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/demand\/\">Theory of Demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-demand\/\">Law of Demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/demand-function\/\">Demand Function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/exceptions-of-law-of-demand\/\">Exceptions of law of demand<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/elasticity-of-demand\/\">Elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/change-in-demand\/\">Change in demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/price-elasticity-of-demand\/\">Price elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-law-of-demand-and-elasticity-of-demand\/\">Law of demand Vs Elasticity of demand<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/factors-affecting-price-elasticity-of-demand\/\">Factors affecting price elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/production-function\/\">Production function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-short-run-long-run-production-function\/\">Short run vs long run production function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-variable-proportions\/\">Law of variable proportions<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/types-of-demand\/\">Types of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/managerial-economics\/\">Managerial economics<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/\">Characteristics of managerial economics<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/scope-of-managerial-economics\/\">Scope of managerial economics<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/utility-analysis\/\">Utility analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-diminishing-marginal-utility\/\">Law of diminishing marginal utility<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-equi-marginal-utility\/\">Law of equi marginal utility<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/consumer-equilibrium\/\">Consumers Equilibrium<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/indifference-curve-analysis\/\">Indifference curve analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/consumer-equilibrium-using-indifference-curve-analysis\/\">Consumer equilibrium using indifference curve analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/relationship-between-tp-ap-and-mp\/\">Relationship between TP, AP and MP<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-increasing-returns\/\">Law of increasing returns<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/law-of-diminishing-returns\/\">Law of diminishing returns<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-constant-returns\/\">Law of constant returns<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/returns-to-scale\/\">Returns to Scale<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/economies-and-diseconomies-of-scale\/\">Economies and diseconomies of scale<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/concept-of-costs\/\">Concept of costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/relationship-between-ac-and-mc\/\">Relationship between AC and MC<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/traditional-theory-of-cost\/\">Traditional theory of costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/modern-theory-of-cost\/\">Modern theory of costs<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/explicit-vs-implicit-costs\/\">Explicit vs Implicit costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/revenue\/\">Revenue<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/perfect-competition\/\">Perfect competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopoly-meaning\/\">Monopoly<\/a>&nbsp;<\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/price-discrimination\/\">Price discrimination<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-perfect-competition-and-monopoly\/\">Difference between perfect competition and monopoly<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/perfect-and-monopolistic-competition\/\">Perfect Vs Monopolistic competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopoly-and-monopolistic-competition\/\">Monopoly and monopolistic competition<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/product-differentiation-strategy\/\">Product differentiation strategy<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopolistic-competition\/\">Monopolistic competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/national-income-in-india\/\">National Income in India<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/measurement-of-national-income\/\">Measurement of national income in India<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/consumption-function\/\">Consumption function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/keynesian-psychological-law-of-consumption\/\">Keynes Psychological law of consumption<\/a><\/td><td><\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/\" target=\"_blank\" rel=\"noreferrer noopener\">CONNECT ON LINKEDIN<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"266\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1024x266.jpg\" alt=\"Law of demand\" class=\"wp-image-787\" srcset=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1024x266.jpg 1024w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-300x78.jpg 300w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-768x199.jpg 768w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1536x398.jpg 1536w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>Law of demand<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>LAW OF DEMAND Law of demand explains the relationship between price of the commodity and its demand. The law states that there is inverse or negative relationship between the demand and price of the commodity, ceteris paribus i.e. other things being constant. It means if the price of the commodity increases, the demand for commodity&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/law-of-demand\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;LAW OF DEMAND&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":2017,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92],"tags":[93,94,95],"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/2016"}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=2016"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/2016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/2017"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=2016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/categories?post=2016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/tags?post=2016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}