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The demand function of a product X is gi...

The demand function of a product X is given as : Dx = 12 - 2Px, where Px stands for price. The demand at price of Rs. 2 will be :

A

6

B

8

C

5

D

10

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The correct Answer is:
B
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SANDEEP GARG-DEMAND-MCQs
  1. If Tea and Coffee are substitutes, a fall in the prices of Tea leads t...

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  2. A except one of the following are assumed to remain same while drawing...

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  3. With fall in price of a commodity, demand of the commodity increases a...

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  4. The demand function of a product X is given as : Dx = 12 - 2Px, where ...

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  5. The demand function of a product X is given as : Dx= 12- 2px, where Px...

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  6. The demand function of a productX is given : Dx = 12- Px, where Px sta...

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  7. Two commmodities A and B can be inferred as close substitudes of each...

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  8. A goods can be considered a normal good if an increase in income of th...

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  9. Expansion and contraction in demand are caused by :

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  10. When income of the consumer falls, the impact on price-demand curve of...

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  11. If due to fall in the price of goofd X, demand for good Y rises, the t...

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  12. If with the rise in price of good Y, demand for goof X rises, the two ...

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  13. The demand curve of a good shifts from DD' to dd' This shift can ...

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  14. An increase in the price of Coffee will have the following effect on t...

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  15. The following movement in the demand curve is because of :

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  16. What does the following diagram represents ?

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  17. Which of the following represents market demand curve ?

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  18. Which of the following diagram represent the situation of 'Expansion i...

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  19. The slope of demand curve is generally :

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  20. Any statement about demand for a good is considered complete only when...

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