Home
Class 12
ECONOMICS
Demand for a commodity refer to :...

Demand for a commodity refer to :

A

1.quantity of the commodity demanded at a certain price during any particular period of time.

B

2.need for the commodity.

C

3.quantity demanded of that commodity.

D

4.demand decreases

Text Solution

Verified by Experts

The correct Answer is:
d
Promotional Banner

Topper's Solved these Questions

  • COST

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|137 Videos
  • ELASTICITY OF DEMAND

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|114 Videos

Similar Questions

Explore conceptually related problems

Demand for a commodity refers to

A household increases its demand for a commodity from 40 units to 50 units when its price falls by 10%. What is the price elasticity of demand of the commodity ?

A household increases its demand for a commodity from 40 units to 50 units when its price falls by 10% What is price elasticity for the commodity?

The demand for a commodity or service which is a consequence of the demand for something else is called ______

FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. Why market demand curve is flatter?

    Text Solution

    |

  2. Ceteris Paribus, if the government provides subsidies on electricity b...

    Text Solution

    |

  3. Demand for a commodity refer to :

    Text Solution

    |

  4. Contraction of demand is the result of:

    Text Solution

    |

  5. All but one of the following are assumed to remain the same while draw...

    Text Solution

    |

  6. Which of the following pairs of goods is an example of substitutes ?

    Text Solution

    |

  7. The law of Demand, assuming other things to remain constant, establish...

    Text Solution

    |

  8. If regardless of changes in its price, the quantity demanded of a good...

    Text Solution

    |

  9. Suppose the price of pepsi increases, we will expect the demand cur...

    Text Solution

    |

  10. All of the following items are determinants of demand except:

    Text Solution

    |

  11. A movement along the demand curve for soft drinks is best described ...

    Text Solution

    |

  12. If the price of Pepsi decreases relative to the price of Coke and 7-UP...

    Text Solution

    |

  13. The price of tomatoes increases and people buy tomato puree. You infer...

    Text Solution

    |

  14. Potato chips and popcorn are substitutes.A rise in the price of potato...

    Text Solution

    |

  15. When total demand for a commodity whose price has fallen increases, i...

    Text Solution

    |

  16. With a fall in the price of a commodity:

    Text Solution

    |

  17. Goods that exhibit direct price-demand relationship are called:

    Text Solution

    |

  18. In case of Giffen goods, the demand curve will be :

    Text Solution

    |

  19. Law of Demand is a :

    Text Solution

    |

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

    Text Solution

    |