Multiple Choice
A fall in income of the consumer, other things being equal, causes:
A) Increase in demand
B) Decrease in demand
C) Increase in quantity demanded
D) Decease in quantity demanded
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: A movement down the given demand curve
Q2: Which one of the following elasticities takes
Q3: Which of the following Elasticities measure movement
Q4: Which of the following causes an increase
Q5: An increase in supply means:<br>A)Movement down given
Q6: When demand curve is rectangular hyperbola, the
Q7: Which of the following results in an
Q8: As a result of a fall in
Q9: On a linear demand curve, the coefficient