The Theory Of Demand Jamb Economics Past Questions
Question 11
The effect of changes in the condition of demand on a demand schedule with the price constant is?
- A. A movement along the demand curve
- B. deflation of the demand curve
- C. hyperbola formation by the demand curve
- D. shift of the demand curve
Question 12
In drawing an individual's demand curve for a commodity, which of the following is not kept constant? The
- A. individual's money income
- B. price of subtitutes
- C. price of complementary goods
- D. price of the commodity under consideration
