Change in demand due to change in relative price alone is called:

Related MCQs

• Change in demand due to a change in the price of related good :
• The change in demand is due to the change in :
• In a combination of X and Y, if price of Y alone changes, the X intercept will :
• When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
• Relation between price of a commodity and demand for another commodity is measured by:
• When the price of the substitute commodity of X falls, the demand for X:
• Change in utility resulting from one unit change in consumption is called:
• Theory of demand examines the behaviour of the--------
• Which of the following is a cardinalist approach to demand analysis:
• For complementary goods, the cross elasticity of demand: