Rationale of the law of demand is:

CA Foundation · Business Economics · MTP · June 2024
Rationale of the law of demand is:
(A) A. Price effect of a fall in price
(B) B. Different uses
(C) C. Arrival of new consumers
(D) D. All of these

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. All of these

Topics: Theory of Demand and Supply

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