Advertisements
Advertisements
प्रश्न
A negative sign with coefficient of price elasticity of demand denotes ______.
विकल्प
Direct relation between price and quantity demanded
Inverse relation between price and quantity demanded
No relation between price and quantity demanded
None of these
MCQ
रिक्त स्थान भरें
Advertisements
उत्तर
A negative sign with coefficient of price elasticity of demand denotes Inverse relation between price and quantity demanded.
Explanation:
Under the law of demand, price and quantity demanded generally move in opposite directions. The negative sign indicates this inverse relationship.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
