हिंदी

Law of demand states the ______ relationship between price and quantity demanded.

Advertisements
Advertisements

प्रश्न

Law of demand states the ______ relationship between price and quantity demanded.

विकल्प

  • Inverse

  • Positive

  • Proportional

  • None of these

MCQ
रिक्त स्थान भरें
Advertisements

उत्तर

Law of demand states the Inverse relationship between price and quantity demanded.

Explanation:

The Law of Demand asserts that as the price of a commodity rises, so does the amount desired, and vice versa. As a result, the price and quantity have an inverse relationship.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Demand and Law of Demand - TEST YOURSELF QUESTIONS [पृष्ठ २६]

APPEARS IN

फ्रैंक Economics [English] Class 12 ISC
अध्याय 2 Demand and Law of Demand
TEST YOURSELF QUESTIONS | Q 20. | पृष्ठ २६
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×