Question
Which of the following best describes the law of demand?
Solution
Law of demand ·        It explains relationship between the quantity demanded of a commodity and its unit price. ·        As per it, demand varies inversely with price, other thing being equal. rise in the price of a commodity or service is followed by a reduction in the quantity demanded and fall in the price is followed by extension in demand, with other conditions remaining the same.
If 40% women and 60% children went to cinema hall E for the first time, then find the total number of women and children who visited cinema hall E for t...
What is the difference between the total number of people who visited cinema hall C and the number of men and children who visited cinema hall A?
If individual A spends 10% less than the average person on Rent and 5% more than the average person on Utilities, what is the total amount (in ₹) spen...
If for passing, the student has to obtain minimum 70% marks in the average of five subjects, how many students will pass?
Study the given graph and answer the question that follows.
�...Number of students who obtained more than 69 but less than 140 marks in Maths is approximately how much percent less or more than that of the students w...
If in year 2014, 20% of students who applied for Post Graduation also applied for Graduation then the numbers of students who apply only for Graduation ...
Find the ratio of the number of shirts produced by company A and the number of shirts produced by company D.
What the ratio of males who read only ‘The Hindu’ to the Female who read all three newspaper?
The total number of laptops sold by shop C is what percent of the number of laptops sold by shop D?
