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

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

effect on price and quantity when demand increases and supply decreases, in short

The interaction of supply and demand explains:A Both the prices and the quantities of goods and servicesB The quantities of goods and services but not their pricesC The prices of goods and services but not their quantitiesD Neither the prices nor the quantities of goods and services

Multiple Choice QuestionOther things equal, the demand for a resource shows Blank______ between the price of the resource and the quantity of the resource demanded.Multiple choice question.an inverse relationshipa direct relationshipno relationship