Choose the statement which consists of two correlated variables.

Increase in the price of commodity results in a decrease in its demand.

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Increase in weight of the children leads to increase in weight of their mother.

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Increase in intake of healthy food leads to bad health

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None of these

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Solution

The correct option is A Increase in the price of commodity results in a decrease in its demand.
Since increase in price of commodity results in a decrease in its demand.

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Similar questions

Q. Assertion :Price reduction normally leads to an increase in the demand for a commodity Reason: Price reduction leads to the entry of new buyers of the commodity in the market

f \propto d

Which of the following statements is correct?

Q.  Consider the following about Substitute goods.
1) Increase in price of a good leads to increase in demand of the other good.
2) Increase in price of a good leads to decrease in demand of the other good. Select the correct alternative

Which of the following statements is/are correct?

An increase in demand leads to a decrease in both the equilibrium price and the equilibrium quantity. A decrease in demand leads to a rise in both the equilibrium price and the equilibrium quantity.

p \propto \frac{1}{q}

Which of the following statements is correct?

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Choose the statement which consists of two correlated variables.

The correct option is A Increase in the price of commodity results in a decrease in its demand.Since increase in price of commodity results in a decrease in its demand.

The correct option is A Increase in the price of commodity results in a decrease in its demand.
Since increase in price of commodity results in a decrease in its demand.