Question

Q1. There is ......... relationship
between price of commodity and
demand of commodity.
O Similar
O Opposite
O Direct​

Answer 1

Answer:

Opposite or inverse

Explanation:

The inverse relationship between price of a commodity and its quantity demanded is explained by law of demand. The Law of Demand states that while other things remaining constant, the quantity of a good demanded increases with a fall in the price and diminishes when the price increases

hope it helps.

Answer 2

Answer:

There is opposite relationship between price of commodity and demands of commodity.

hence, option b is correct

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