Cross demand expresses the functional relationship between -

Related MCQs

• Consumption function expresses the relationship between consumption and -
• The Law of Demand expresses -
• Production function refers to the functional relationship between input and
• The functional relationship between income and consumption expenditure is explained by -
• The demand of a commodity is a direct demand but the demand of a factor of production is called a -
• The demand for two or more commodities or factor of production that are used together so that a change in demand for one will be reflected in a change in demand for other e.g., cloth and thread is called
• Cross elasticity of demand between petrol and car is -
• The relationship between price of a commodity and the demand for it -
• Production function expresses -
• When there is a change in demand leading to a shift of the Demand Curve to the right, at the same price as before, the quantity demanded will -