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 :
• 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 :
• 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:
• 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:
• I classical demand for money, the relationship between money supply and price level is:
• Relation between price of a commodity and demand for another commodity is measured by: