Advertisements
Advertisements
प्रश्न
The demand curve which indicates the inverse relationship between price and demand ______.
पर्याय
Slopes upward
Slopes downward
Remains horizontal
Remains vertical
उत्तर
The demand curve which indicates the inverse relationship between price and demand slopes downward.
Explanation:
If there is an inverse connection between the variables of demand and price, the demand curve will consistently show a downward slope.
संबंधित प्रश्न
What is meant by cost-push inflation?
What is the impact of the level of technology on supply?
Give two assumptions of the law of supply.
Give two differences between recurring deposits and fixed deposits.
In the percentage increase in the quantity of a commodity is smaller than the percentage fall in its price, the coefficient of price elasticity of demand is ______.
If tea and coffee are substitutes, then bread and butter are examples of ______.
When the percentage change in the quantity supplied of a commodity is exactly equal to the percentage change in its price it is known as ______.
Which of the following statement is not true?
How does demand differ from want?
In economics demand and price have ______ relationship.
