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MICROECONOMICS CH : 5 THEORY OF DEMAND — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 5 THEORY OF DEMAND1 Mark
Question
It is quantity demanded (and not demand for a commodity) that changes with respect to its own price.
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Answer

True. It is quantity demanded of a commodity that changes in response to change in its own price. Change in demand occurs even when own price of the commodity remains constant.

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