Other things being equal a decrease in demand can be caused by

Related MCQs

• A fall in income of the consumer, other things being equal, causes:
• Other things remaining the same, the quantity of a product demanded increases with ----- in price.
• “Effective demand is different from aggregate demand”. This statement is:
• When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
• In a two sector economy, aggregate demand is equal to
• Inflation can not be caused by:
• When individuals income falls (everything remain the same) his demand for an inferior good
• In the fundamental theorem of consumption and to prove the law of demand, Samualson uses
• When individuals income rises (everything remain the same) his demand for a normal good
• When individuals income falls (everything remain the same) his demand for a normal good