When the price of a commodity falls, we can expect: – McqOptions

MCQOPTIONS

1.	When the price of a commodity falls, we can expect:
A.	The supply of it to increase
B.	The demand for it to fall
C.	The demand for it to stay constant
D.	The demand for it to increase
Answer» E.

Discussion

No Comment Found

Related MCQs

<p>In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as</p>
<p>Unemployment that arises when there is a general downturn in business activity is known as </p>
<p>FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.</p>
<p>Who among the following formulates the monetary policy in India?</p>
<p>_____ is the primary sector of the Indian economy.</p>
<p>Which state has bagged the top position under the Pradhan Mantri Surakshit Matritav Abhiyan (PMSMA)?</p>
<p>Which of the following Economic survey was also famous as Pink Economic survey?</p>
<p>In which year was The Reserve Bank of India was established?</p>
<p>Which is one of the factors of subsistence used to measure the Poverty Line in India?</p>
<p>The state which stands first in per capita income is</p>