Question
If the price of a good increases while all other factors
remain constant, what is most likely to happen according to the law of demand?Solution
The law of demand states that, ceteris paribus (all other things being equal), when the price of a good rises, consumers purchase less of it; when the price falls, they buy more. This inverse relationship between price and quantity demanded is one of the fundamental principles of microeconomics.
If only the routine criminal process is pursued with a universal sense of urgent , the expediency of special courts may not be needed at all.
...Select the INCORRECTLY spelt word.
1) Grasious
2) Droght
3) Endeavour
4) Feasability
- In each sentence below four words have been printed in bold which are numbered (1), (2), (3) and (4) One of these words may be misspelt or inappropriate in...
In the following questions, four words are given in bold. One of them may be incorrectly spelt. Identify the incorrectly spelt word. If all are correct...
Select the INCORRECTLY spelt word.
In the following questions, four words are given in bold. One of them may be incorrectly spelt. Identify the incorrectly spelt word. If all are correct...
In each group, one word is correctly spelt. Find the correct word.
- In each of the questions below, a sentence is given with four words highlighted in bold in the sentence. Among these bold words, one may be wrongly spelt. ...
The message (A) from the top has only emboldened (B) those carried a knot (C) against the minorities in the heart but could not express (D) it in the pu...
