Advertisements
Advertisements
प्रश्न
Explain the effect of change in own price on demand of a good.
स्पष्ट करा
Advertisements
उत्तर
A fall in the good’s price increases quantity demanded, causing downward movement along the same demand curve; a rise causes contraction and upward movement.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
