Law of Demand
Trending Questions
Q. Briefly explain two exceptions to the law of demand.
Q. State the Law of Demand. Briefly explain any three determinants for the negative slope of the demand curve.
Q.
What is measured by the price elasticity of supply?
Q. Who propounded the 'market law'?
- Adam Smith
- David Recardo
- J B Say
- T R Malthus
Q. What is the consumer demand as a function of price?
- q= d(p)
- q= 1/d(p)
- q= d(p) * p
- None of the above
