ECONOMICS (CBSE/UGC NET)

ECONOMICS

DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Over the past decade technological improvements that have lowered the cost of producing an automobile have increased
A
the demand but not the supply of automobiles.
B
both the supply and the demand for automobiles.
C
the supply but not the demand for automobiles.
D
neither the supply nor the demand for automobiles
Explanation: 

Detailed explanation-1: -The answer is option B) both the supply and the demand for automobiles.

There is 1 question to complete.