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11. Many people think that certain assets, like stocks or precious medals violate, the law of demand, as evidence by stock rallies, where prices and quantities go up at the same time. (a) State in words what it would exactly mean for a stock to violate the law of demand.
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Answer #1

It will exactly mean when there is no boom and still people demand more stocks. That when preferences and expectations do not change and people demand more stock at higher price there is voilation

B it is not change in demand curve but rather shift that leds to increase in demand for stocks during boom. The reason is expectations of people change and they prefer more stocks even at high prices. Further they think that they can gain from future rise in price of stocks

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