CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Can price of the commodity ever be zero?

Open in App
Solution

Practically the price of a commodity cannot be zero but theoretically a price of the commodity can be zero in a competitive market. Even if the price is zero the demand for commodity will exist

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Growth rate
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon