Question

TRUE/FALSE

1. Time element does not have any importance in price determination.

2. In the short period market the force of demand determine the price of the commodity.

3. An indifference curve can touch x-axis or y-axis.

4. Contraction of demand is a result of rise in price. ​

Answer 1

Answer:

ok

Explanation:

1 true

2 true

3 false

4 true