Q. One which is based on merely a restricted series of data, a standard instance is price of single goods, prices of every other commodity being supposed fixed through analysis is

View solution

Q. When customers raise quantity demanded at a specified price, known as

View solution

Q. Demand curve is approximately for all time characterized as downward-sloping, implication that as price decreases, customers will buy more of product related to

View solution

Q. Curve is normally positively sloped is

View solution

Q. Revolutionize that diminish demand are

View solution

Q. A movement of curve to left is

View solution

Q. Circumstances in a marketplace when price is such that quantity that customers demand is exactly balanced by quantity that organizations desire to supply is

View solution

Q. Price-quantity pair where quantity demanded is equivalent to extent supplied, characterized by intersection of demand and supply curves is

View solution

Q. A table that demonstrate association among price of a good and quantity supplied is

View solution

Q. Customers will be ready to purchase a specified quantity of a product, at a specified price, if marginal utility of further spending is equivalent to the

View solution

Q. How much (quantity) of a commodities or service is wanted by buyers is

View solution