Question
The Law of demand states that ______________
Solution
Law of demand ·      It explains relationship between the quantity demanded of a commodity and its unit price. ·      As per it, demand varies inversely with price, other thing being equal. ·      rise in the price of a commodity or service is followed by a reduction in the quantity demanded and fall in the price is followed by extension in demand, with other conditions remaining the same.
What is the title of Vajra Chandrasekera’s novel that won the Le Guin Prize?
How much funding has Uttarakhand secured from the European Investment Bank (EIB) for urban infrastructure?
What is the primary aim of the 'Mission Arun Himveer' initiative launched in Arunachal Pradesh?
HMD Global and IDEMIA have partnered with which payments bank to introduce an offline Central Bank Digital Currency payment application on feature phone...
How much financial support did the government provide to jute farmers between 2014-15 and 2024-25?
What is the revised GDP growth forecast for India in FY25 according to CARE Ratings?
Who has taken over as the 28th Controller General of Accounts?
By 2025, India’s social security coverage increased to what percentage, according to the WSSD-2 report?
Which organization has approved the new Global Greenhouse Gas Watch initiative?
Which of the following sportsperson did not get the Rajiv Gandhi Khel Ratna Award 2021?
