“Supply creates its own demand” is called:

Related MCQs

• Effective demand is that demand when:
• In a horizontal straight line demand curve, the price elasticity of demand is:
• From the position of stable equilibrium, the market supply of a commodity decreases, while the market demand remains unchanged, then:
• An increase in market demand, supply remaining the same results in
• A fall in the market demand, supply remaining the same results in
• Elasticity of supply for a positively sloped straight line supply curve that intersects the price axis is:
• If a positively sloped linear supply curve crosses the quantity axis, the elasticity of supply is:
• If a positively sloped linear supply curve passes through the origin, the elasticity of supply is
• When a firm doubles its inputs and finds that its output has more than doubled, this is known as:
• For complementary goods, the cross elasticity of demand: