Managerial Economoics Objective Set 5

Online MCQ Assignment Answer QN1: Increase in demand is shown by: a. Upward movement on the demand curve b. Downward movement on the demand curve c. Rightward shift of the demand curve d. Leftward shift of the demand curve AnswerAnswer: c. Rightward shift of the demand curve QN2: Coefficient of elasticity of demand is negative….

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