Question:
Demand curve shows the relationship between:
Demand curve shows the relationship between:
Show Hint
The law of demand states that, all else being equal, as the price of a good increases, the quantity demanded decreases.
Updated On: Nov 5, 2025
- Cost and Price
- Price and Sales
- Cost and Revenue
- Demand and Price
Show Solution
Verified By Collegedunia
The Correct Option is D
Solution and Explanation
The demand curve shows the relationship between the quantity demanded of a good or service and its price. As price changes, the demand changes in the opposite direction, representing the inverse relationship between demand and price.
Was this answer helpful?
0
0
Top UP Board XII Economics Questions
- Which one of the following is true? When the marginal utility becomes negative:
- Which one of the following is true? The total variable cost is equal to:
- In a mixed economy, decisions related to production and consumption are taken by:
- The statement 'Other things being constant, an increase in money supply will increase the price level.' is related to:
- Which one of the following is true? In a perfectly competitive market, the:
View More Questions
Top UP Board XII Microeconomics Questions
- In the case of normal goods, demand curve shows
- Who propounded indifference curve analysis ?
- Which of the following indicates fixed cost?
- What is Micro-economics?
- What do you understand by 'Demand' ?
View More Questions
Top UP Board XII Questions
- In which one of the following States of India is the density of population the highest?
- Which one of the following States of India has the largest urban population?
- Which one of the following States is not related to the production of mineral oil?
- Which one of the following sea ports is located on the eastern coast of India?
- What is meant by ‘Humanisation of Nature’?
View More Questions