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An increase in the price of electricity, will curve the demand for electric appliances to ______. - Economic Applications

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Question

An increase in the price of electricity, will curve the demand for electric appliances to ______.

Options

  • rise

  • fall

  • remain the same

  • None of these

MCQ
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Solution

An increase in the price of electricity, will curve the demand for electric appliances to rise.

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Shift in Demand Curve
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Chapter 1: Elementary Theory of Demand - QUESTIONS [Page 17]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTIONS | Q 14. | Page 17
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