हिंदी

Which is an assumption to law of demand?

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प्रश्न

Which is an assumption to law of demand?

विकल्प

  • No change in price of factor input.

  • No change in size and composition of population.

  • No change in number of firms operating in a market.

  • No change in goal of a firm.

MCQ
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उत्तर

No change in size and composition of population.

Explanation:

The population's size and composition assumptions are crucial because, even in the absence of price changes, shifts in the population can have an impact on the total demand for a given good. The remaining options will affect a commodity's supply rather than its demand.

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अध्याय 2: Elementary Theory of Demand - QUESTIONS [पृष्ठ ६५]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 2 Elementary Theory of Demand
QUESTIONS | Q 40. | पृष्ठ ६५
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