Which of the following is a correct statement
| A. |
Decrease in input prices causes a left word shift in the supply curve
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| B. |
The desire for a commodity backed by ability and willingness to pay is demanded.
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| C. |
When income increases demand for essential good increase, more than proportionately.
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| D. |
The demand for a commodity is inversely related to the price of its substitutes.
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Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
