ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    тЪб Month End Offer - Flat 52% Off On All Courses! Enroll Now тЪб
    00:00:00 AM Left

    Question

    The negative slope of the demand curve can be explained

    in which of the following terms? I. Substitution effect┬а II. Income effect┬а
    A Neither I nor II Correct Answer Incorrect Answer
    B Both I and II Correct Answer Incorrect Answer
    C Only II Correct Answer Incorrect Answer
    D Only I Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next
    More Monthly Quiz General Awareness Questions
    ask-question