One of the assumption of law of demand is: a) Supply should not change b) Income of the consumer should not change c) Quantity should not change d) Price of the commodity should not change
One of the assumption of law of demand is: a) Supply should not change b) Income of the consumer should not change c) Quantity should not change d) Price of the commodity should not change
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter4: Demand, Supply, And Markets
Section: Chapter Questions
Problem 5QFR
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![One of the assumption of law of demand is:
a) Supply should not change
b) Income of the consumer should not change
c) Quantity should not change
d) Price of the commodity should not change](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe9dfd153-9d64-4eeb-9cdf-fa7ce945420f%2F918f2b2a-87ba-4e69-8722-35ed983a186d%2Fffjnd7h_processed.png&w=3840&q=75)
Transcribed Image Text:One of the assumption of law of demand is:
a) Supply should not change
b) Income of the consumer should not change
c) Quantity should not change
d) Price of the commodity should not change
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