If a reduction in prices increases revenue, then the demand curve is said to be

Related MCQs

• The average revenue curve of a firm is
• Which of the following represents the reduction in duration?
• If we assume that price decreases as total expenditure increases, we may conclude that
• As the value of variance increases
• During a survey conducted by India Today it was found that the salary of the engineer who graduated 5 years ago, is Rs. 20,000 per year and that the median salary is Rs. 16000 per year. The distribution curve is
• A negatively skewed curve
• Of the following, which is NOT an essential assumption of the marginal utility theory of consumer demand?
• A coloth dealer has to place an order for a new fashioned ladies sarees, but he understands that it would be outdated fairly soon. Further, he does not know the exact demand of the dress. His decision for stock will be
• Which of the following depicts "joint demand"
• In case the value of variance is more, then