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प्रश्न
Which is an assumption to law of demand?
पर्याय
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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