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प्रश्न
Choose the correct answer :
In the period of scarcity of a particular commodity _________.
पर्याय
(a)price becomes less
(b) demand becomes less
(c) price and demand increases
(d) price and demand decreases
MCQ
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उत्तर
In the period of scarcity of a particular commodity price and demand increases.
Explanation:
When there is a scarcity of product, then all the consumer try to buy that product. Due to this the demand of that product rises. Also, as there are only a few quantities left with the supplier so in order to get the maximum benefit, they increase the prices.
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