Question

28. Which of the following statements is correct?
a) Income demand is based on law of
diminishing marginal utility
d) Law of demand is not a qualitative
statement
c) Price demand shows direction of change
in demand due to change in prices of its
related goods
d) Demand curve slopes downwards to right
as per law of demand​

Answer 1

Answer:

b) law of demand is not a qualitative statement