As per the law of demand, if all other commodities remain the same, then the relation between the demand and price of a commodity is ?Negative No Relation May be Positive or Negative Positive

According to the law of demand there is ________ relationship between price and quantity demanded.A.a constantly changingB.a positiveC.either a positive or negativeD.a negative

The low of demand states that ________________.a.there is direct relationship between the price of commodity and quantity demandb.there is an inverse relationship between the price of commodity and quantity demandc.there is positive relation in some extent and negative in some extentd.there is no relationship between price of commodity and quantity demanded

Price of the good is one of the factors affecting the demand for a commodity.a.Falseb.True

According to the law of supply, quantity supplied and price are _____ related.Multiple choice question.negativelypositively

Which pair of variables might be positively or negatively related depending on the characteristic of the product?Multiple Choicethe price of a product and the quantity of that product demandedthe price of a product and the demand for a complementary productthe supply of a product and the cost of resources required to make itthe income of consumers and the demand for a product