A Nigerian household's demand curve for semovita is d...
A Nigerian household's demand curve for semovita is downward because?
The demand for semovita is high
The local markets are flooded with semovita
It is produced in Nigeria
Every household can afford to buy semovita
Higher prices attract lower quantities while lower prices attract larger quantities
Correct answer is E
For a demand curve to be downward sloping, it means the quantity demanded tends to be lower at higher prices, indicating the negative relationship between the price of a product and the quantity demanded.
If birth rate is constant and death rate declines, population ...
One of the purposes of advertisement in marketing is to ...
Amount of goods offered to the market at respective prices and presented in a table is called ...
Government can influence aggregate demand through all the following measures except ...
Which of the following will enhance productivity in an economy? ...
In a limited liability company, the greatest risk is borne by? ...