Search
.Management Sciences
A. ratio of the change in price to the change in quantity demanded.
B. ratio of the percentage change in quantity demanded to the percentage change in price.
C. ratio of the change in quantity demanded to the change in price.
D. ratio of the percentage change in price to the percentage change in quantity demanded.
Related Mcqs:
- Demand for a normal product may shift outwards if ?
- A. Price decreases B. The price of a substitute falls C. The price of a complement rises D. income falls...
- 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...
- If a product is an inferior good ?
- A. Demand is inversely related to income B. Demand in inversely related to price C. Demand is directly related to price D. Demand is inversely related to the price of substitutes...
- Aggregate demand will increase if ?
- A. consumption falls B. investment falls C. Exports fall D. imports fall...
Recent Comments