Question

Lconomic class 11
1. An increase in the price of
electricity will cause the demand for
electric appliances to
Rise
Fall
Remain the same
None of these​

Answer 1

Answer:

an increase in the price of electricity will cause the demand for electric appliances

Answer 2

Concept introduction:

Demand and supply of certain product are dependent on many factors.

Explanation:

Given that, price of electricity is increased.

We have to find, how increase in price of electricity effects price of electrical appliances.

According to the question,

As the price of electricity rose people will try to avoid use of it as much as possible hence the market of electrical appliances will go down and hence the price of electric appliance will fall.

Final Answer:

b. Fall

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