Advertisements
Advertisements
Question
True or False with Reasons:
Cross demand tells the relationship between the price and demand for a commodity.
True or False
Advertisements
Solution
This statement is false.
Reason:
- Cross demand concerns the demand for one commodity and the price of a related commodity.
- The relationship between a commodity’s own price and its demand is price demand.
shaalaa.com
Is there an error in this question or solution?
