If the commodity is normal then fall in price will result in:

A. Increase the quantity demanded

B. Fixed the quantity demanded

C. Decrease the quantity demanded

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  2. Production function relates:
  3. In the long-run:
  4. Traditionally, the study of determination of price is called:
  5. The feasible part of the demand curve for the monopolist who is charging high price will be:
  6. According to classical approach, utility can be:
  7. In market sharing cartel model, cartel determines the shares of:
  8. Change in demand (rise and fall of demand) is:
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  12. Total utility and price are:
  13. When AC curve falls, MC curve falls:
  14. Production is a function of:
  15. According to Marginalists, the price of any commodity is determined by:
  16. The optimal strategy for a player is termed as:
  17. The advertisement and other selling activities:
  18. In case of economic bads, an IC can be :
  19. In long run competitive equilibrium:
  20. The main contribution of David Ricardo is in the field of:
  21. Rent is a creation of value, not of wealth who made this observation?
  22. In the immediate run:
  23. The necessary condition of firms equilibrium requires:
  24. Microeconomics deals with the:
  25. A firms profit is equal to:
  26. To calculate the Economic Profit we must deduct which of the following cost from our total revenues?
  27. A market demand curve presumes that:
  28. If under perfect competition, in the short period, price does not cover the average cost completely,…
  29. Marginal utility equals:
  30. If at the unchanged price, the demand for a commodity goes up, or the quantity demanded remains the…