The demand for a particular product can decline if the price is – McqOptions

MCQOPTIONS

1.	The demand for a particular product can decline if the price is
A.	stable
B.	high
C.	low
D.	constant
Answer» C. low

Discussion

No Comment Found

Related MCQs

The sustainable marketing principle which says that company must define mission statement in broad social terms in place of only product terms is classified as
The buying of products such as 'laundry detergents' is an example of
Demand movers are
If the lawn mower is bought for house backyard, the lawn mower is classified as
Evaluate sensitivity of quantity variable, Q, to vary in price variable, P is
The selling practice of companies in which company charges two or more prices without any difference in costs is classified as
The 'Harley-Davidson' which marketed bikes for female segment of market is an example of
The pricing technique through sellers charge constant low prices without any sales promotion effort is classified as
Considering accumulated production experience, the decreasing in average cost is classified as
One which is based on merely a restricted series of data, a standard instance is price of single goods, prices of every other commodity being supposed fixed through analysis is