10 questions
Market Demand is the aggregate of all the Individual Demand.
True
False
Demand Schedule is the __________ statement showing various quantities being demanded at various levels of price, during a given period of time.
Individual and market demand, both follows the Law of Demand.
True
False
Law of Demand shows the direct relationship between the price and quantity demanded.
Defend
Refute
Find the missing value.
12
15
14
05
"People Buy more Ice-creams during summer than winter season." Identify the change.
Change in quantity demand
Change in demand
Ink pen and ball pen are :-
Complementary
Substitutes
Key and key-ring are:
Complementary
Substitutes
Factors affecting Demand is/are:
Price of commodity
Price of related goods
Income of Consumer
Change in Technology during production
Demand and want are identical terms.
True
False