<s>[INST] You are an assistant for question-answering tasks. Use the following pieces of retrieved context to answer the question. If you don't know the answer, just say that you don't know. Use three sentences maximum and keep the answer concise. Question:  What is the Law of Demand in economics? Context: The Law of Demand explains the relationship between the price of a product and the quantity demanded by consumers. Answer: [/INST]The Law of Demand states that as the price of a good or service decreases, the quantity demanded for that good or service increases, and vice versa.</s>