A demand which gives rise to the reverse of the law of demand is?

By: |Published on: Jan 7|Categories: Economics WAEC| 0 comments

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand

Correct Answer: Option C

C. Abnormal demand

Explanation

A normal demand curve slopes downward from left to right indication. Its lower price more will be demand but the Abnormal demand curve slopes upward from left to right indications, It higher price more will be demanded which gives reverse.

Users Also Read These:

SEE ALSO  In this table, the marginal product of the 2nd worker and the average product of the 5th worker respectively are?

Copyright warnings! Do not copy.