scale and Technology are to
be kept constant while studying
Answer
A, Law of Supply
B, Law of Demand
C. Price Elasticity of Demand
D. Income Elasticity of
demand
Answers
Answered by
0
Answer:
b) is correct option
Explanation:
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Answered by
0
Scale and Technology are to be kept constant while studying the 'Law of Demand'.
- The "Law of Demand" states that with other factors remaining constant, when the price of a commodity falls, the demand for the commodity rises and vice versa.
- This means that the scale and the technology must remain constant when the law of demand is being studied.
The answer is (B) Law Of Demand.
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