Question
Which of the following is/are the causes of demand
curves moving downwards to the right?Solution
When the quantity of goods is more, the marginal utility of the commodity is less. Thus, the consumer is not willing to pay more price for the commodity and its demand will decline. Also, when the price of the commodity is low, its demand increases. The income effect identifies the change in consumers' demand for goods and services based on their incomes.
Doubt pour over (A)/ me like hot fudge on (B)/ salted caramel ice cream. (C) / No error (D)
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this week since February 2018 / companies adding 18 oil rigs this week / U.S. energy firms added the most oil rigs / producers have been reducing spendi...
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In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and select the appropriate opti...
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Despite its widespread popularity (A)/among Florida's politicians, (B)/the bond cap statue was not (C)/entirely kosher from a constitutional point of vi...
