Try again
Correct
Try again
Try again
Solution:
All but one of the following are assumed to remain the same while drawing an individual’s demand curve for a commodity. The one that is not assumed to remain the same is (b) His monetary income. The preference of the individual, price of the commodity and price of related goods are assumed to remain constant while drawing an individual’s demand curve for a commodity.
Module shows option (c)
Correct option is (b)