मराठी

According to the Law of Demand, what happens when the price of a commodity decreases, assuming no other factors change?

Advertisements
Advertisements

प्रश्न

According to the Law of Demand, what happens when the price of a commodity decreases, assuming no other factors change?

पर्याय

  • Quantity demanded decreases

  • Quantity demanded remains unchanged

  • Quantity demanded increases

  • Quantity demanded cannot be determined

MCQ
Advertisements

उत्तर

Quantity demanded increases

Explanation:

The Law of Demand states that when price falls, people buy more, showing an inverse relationship between price and demand.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×