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In economics demand and price have ______ relationship. - Economics

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Question

In economics demand and price have ______ relationship.

Options

  • zero

  • Positive

  • Direct

  • Inverse

MCQ
Fill in the Blanks

Solution

In economics demand and price have inverse relationship.

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Concept for Demand
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Chapter 2: Elementary Theory of Demand - Exercise [Page 56]

APPEARS IN

Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 2 Elementary Theory of Demand
Exercise | Q 24. | Page 56
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