Question

(1) Factors affecting demand can be classified in to how many categories ?

(A) One
(B) Two
(C) Three
(D) Four



(2) How is the demand curve sloped ?

(A) Negative
(B) Positive
(C) Parallel to X axis
(D) Parallel to Y axis



(3) What is the other name for poor quality commodities?

(A) Prestigious Commodities
(B) Very cheap commodities
(C) Giffen commodities
(D) Useless commodities​

Answer 1

Explanation:

1)option c is correct

2)option a is correct

3)option d is correct

Answer 2

Answer:

1 =c

2=a due to demand curve is negative slope curve (MRS)

3=d