The law of demand implies that ?

Related Mcqs:

An increase in price all other things unchanged leads to ?

A. A shift in supply outwards B. A shift in supply inwards C. A contraction of supply D. An extension of supply...

Adding up the quantities demanded of a good by different people facing the same price gives us the ?

A. Supply curve B. Market demand curve C. Demand curve D. Market supply curve...

The increase in total cost when one more unit is produced is known as ?

A. marginal cost B. opportunity cost C. limited cost D. average cost...

When the market operates without interference, price increases will distribute what is available to those who are willing and able to pay the most. This process is known as ?

A. Quantity setting B. price fixing C. price rationing D. quantity adjustment....

Improved training of employees would ?

A. Shift aggregate supply to the right B. Shift aggregate supply to the left C. Shift aggregate demand to the right D. shift aggregate demand to the left...