Direct Price Demand Relationship

Direct price demand relationship refers to a situation where the change in the price of a good causes a direct change in the demand for that good. In other words, as the price of the good increases, the demand for it decreases, and as the price of the good decreases, the demand for it increases.

Examples of Goods with Direct Price Demand Relationship

The goods that exhibit direct price demand relationship are those that are considered normal goods. Normal goods are goods for which demand increases when income increases, and demand decreases when income decreases. The following are some examples of goods that exhibit direct price demand relationship:

- Clothes: As the price of clothes increases, people tend to buy fewer clothes, and as the price of clothes decreases, people tend to buy more clothes.

- Electronics: As the price of electronics increases, people tend to buy fewer electronics, and as the price of electronics decreases, people tend to buy more electronics.

- Cars: As the price of cars increases, people tend to buy fewer cars, and as the price of cars decreases, people tend to buy more cars.

- Food: As the price of food increases, people tend to buy less food, and as the price of food decreases, people tend to buy more food.

- Housing: As the price of housing increases, people tend to buy less housing, and as the price of housing decreases, people tend to buy more housing.

Conclusion

In conclusion, the correct answer to the question is (d) none because all the options provided - Giffen goods, complementary goods, and substitute goods - exhibit indirect price demand relationship. It is important to note that the relationship between price and demand for a good may not always be straightforward, and other factors such as income, availability of substitutes, and consumer preferences may also influence demand.