1. Live with roommates. One of the best ways to save money living off campus is to share your housing with one or more roommates. This can immediately reduce your rent by half (or more) and you may also save money on utilities when you're splitting the bill with a few other friends.
The situation that best illustrates an effect of the law of demand is, for example, that a theater sells more popcorn after it lowers the price of popcorn, so the quantity demanded increases as a result of a decrease in price.
