The law which states that supply creates its own demand and overproduction is impossible is known as:

Related MCQs

• “Supply creates its own demand “is a law of:
• Who postulated the law Supply creates its own demand
• Supply creates its own demand is the Basis of:
• I classical demand for money, the relationship between money supply and price level is:
• In the fundamental theorem of consumption and to prove the law of demand, Samualson uses
• Psychological law of consumption states that the value of MPC is lies between zero and
• “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:
• From the position of stable equilibrium, the market supply of a commodity decreases, while the market demand remains unchanged, then:
• An increase in market supply, demand remaining the same causes: