32. Under law of demandA. O Price of commodity is anindependent variableB. O Quantity demanded is a dependentvariableC. O Reciprocal relationship is foundbetween price and quantitydemandedD. O All of the above

To find : Which comes under law of demand.

Answered: 2. Under law of demand Drice of…

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Economics

2. Under law of demand Drice of commodity is an

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 11RQ: As a general rule, is it safe to assume that a change in the price of a good will always have its...

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