Decrease in demand means:

General Knowledge Mcqs
BILAL KHATTAK0

A.Demand change due to change in price
B.Demand changes not due to the change in price but due to income
C.Both (a) and (b)
D.None of these

Related Mcqs:

  1. Extension is demand means:
  2. Demand for a commodity is elastic when
  3. Price elasticity of demand is best defined as
  4. The elasticity of demand explains the relationship between
  5. A decrease in the quantity supplied to the market at given prices leads to
  6. The law of demand indicates the relationship between
  7. If more is demanded at the same price or same quantity at a higher price, this fact of demand is known as
  8. People will tend to demand money if they think
  9. Sellers reserve price means
  10. Of the following, which is NOT an essential assumption of the marginal utility theory of consumer demand?

Leave a Reply

Your email address will not be published. Required fields are marked *