Which of the following caused the change in demand from D...
The figure above shows the change in demand for Commodity X which is a normal good. Use it to answer the question that follows.
Which of the following caused the change in demand from D1 D1 to D2D2
Fall in the income of consumers
Rise in the price of a substitute
Rise in the price of a complement
Fall in the supply of commodity
Correct answer is B
No explanation has been provided for this answer.
Goods which have to be paid for are known as ...
If a commodity has a high marginal utility, its market price will be ...
Price mechanism determines the prices of commodities through ...
A state budget is an outline of planned ...
Which of the following is NOT a feature of underdevelopment ...
The labour force in Nigeria falls between the ages of ...
Provision of short-term loans to solve balance of payments problems is done by the ...