Effective demand is that demand when:

Related MCQs

• The concept of effective demand is associated with the name of:
• In a horizontal straight line demand curve, the price elasticity of demand is:
• For complementary goods, the cross elasticity of demand:
• Relation between price of a commodity and demand for another commodity is measured by:
• Demand varies ------------- with price.
• Income elasticity of demand for inferior good is:
• In the case of luxury goods, the income elasticity of demand will be:
• In drawing an individual demand curve for a commodity, all but which of the following are kept constant:
• When an individual’s income rises, when everything else remains the same, his demand for normal goods:
• When an individual’s income falls, when everything else remains the same, his demand for inferior goods: