Q1. MCQ1 a) According to the law of supply and demand describe using examples the principle of: change in quantity of de
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Q1. MCQ1 a) According to the law of supply and demand describe using examples the principle of: change in quantity of de
Q1. MCQ1 a) According to the law of supply and demand describe using examples the principle of: change in quantity of demand and change in demand. Explain in your own words what would happen to a good's demand, which is considered an inferior good, if the income of the population was reduced in 20% due to a recession period? (60 marks)