Why is the following statement a positive statement? "a rise in the price of a commodity results in a fall in quantity demanded of commodity".

Nikita Chetry
Latest Answer: 1 week ago
In: Commerce

Why is the following statement a positive statement? "a rise in the price of a commodity results in a fall in quantity demanded of commodity".

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1 Answers

Answered By Anita Sahani
Answer: 1 week ago

Because the statement tells cause and effect relationship.

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