Change in demand due to a change in the price of related good :

Related MCQs

• Change in demand due to change in relative price alone is called:
• If a small change in price leads to infinitely large change in quantity demanded, then the demand is:
• The change in demand is due to the change in :
• When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
• When both the price of a substitute and the price of complement of X rises, the demand for X:
• If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is
• “Effective demand is different from aggregate demand”. This statement is:
• When individuals income falls (everything remain the same) his demand for an inferior good
• 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