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Law of demand explains inverse relationship between _______
  • a)
    Price and demand
  • b)
    Demand and Price
  • c)
    Income and demand
  • d)
    Demand and income
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Law of demand explains inverse relationship between _______a)Price and...
Beacuse when price increases we decrease our demand and vice versa. U may also have a doubt that B can also be correct but due to demand price never changes. We change our demand due to change in price...so the correct answer is A...Hope this will help u
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Community Answer
Law of demand explains inverse relationship between _______a)Price and...
This law is one sided it only state the effect of price on demand not demand on price
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Law of demand explains inverse relationship between _______a)Price and demandb)Demand and Pricec)Income and demandd)Demand and incomeCorrect answer is option 'A'. Can you explain this answer?
Question Description
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