In a demand curve, the relationship between price and qua...
In a demand curve, the relationship between price and quantity is
Indeterminate
Direct
Nil
Inverse
Correct answer is D
A demand curve shows the relationship between quantity demanded and price.
The price of a good is inversely related to the quantity demanded in the sense that, the higher the price, the lower the demand, and the lower the price, the higher the demand.
Market supply may increase if there is an increase in the_______ ...
One way of correcting the balance of payments problem of a country is to ...
A situation of full employment exist when ...
The sum of items divided by the number of items is the ...
The maximum number of workers that should be hired is ...
One reason for low agricultural productivity in most West African countries is that? ...
International income accounting, double counting occurs when ...
One form of business organization which is not motivated solely by the profit objective is the ...
Public expenditure can be financed from all the following sources except the ...