Commerce Short Question | Gkseries

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

In case the quantity of a commodity demanded changes due to change in price of the commodity, it is called

A Increase or decrease in demand
B Expansion or contraction of demand
C Law of demand
D Positive change in demand

Answer & Explanation

Answer:Expansion or contraction of demand

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Q. With regard to the powers of the Rajya Sabha, which one among the following statements is not correct ?
Q. Commercialization of agriculture implies
Q. An economic theory is a/an
Q. Which of the following statements is correct?
Q. How much world’s total and surface is accounted by India
Q. Who is the guardian of Fundamental Rights enumerated in Indian Constitution
Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series