0
Student
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Will consumer buy more when price of a commodity falls?
according to law of demand consumer buy more of the commodity when price decreases
What is Law of Equi-Marginal Utility?
Law of Equi-Marginal Utility explains how a consumer can get maximum satisfaction out of his expenditure on different goods.
What is ordinal approach to the theory of consumer behavior?
ordinal approach to the theory of consumer behaviour is consumer's ability to rank his preference for various combination of products. It uses Indifference curve to analyse these preferences.
What Importance f law of demand?
It helps to Determination of price. The study of law of demand is useful for a trader to fix the price of a commodity. And also law of demand explains consumer choice behavior when the price changes.
What is law of demand and explain the factors affecting demand?
In other words, the law of demand states that the quantity demanded and the price of a commodity are inversely related, other things remaining constant. If the income of the consumer, prices of the related goods, and preferences of the consumer remain unchanged, then the change in quantity of good demanded by the consumer will be negatively correlated to the change in the price of the good. There are, however, some possible exceptions to this rule.
What is a person who studies the law?
a law student
What word means a person who studies the law?
Lawyer because they learn the law.
What you should call your husband sister?
You can refer to her as your sister-in-law; in person you should call her by her name.
Where can one find information on consumer law?
Information on consumer law can be found on the specific country's government website for consumer law. It can also be found at the National Consumer Agency.
What do you call a person who practice law?
lawyer or attorney- synonym- both practice law
What do you call your daughters mother in law?
I call her Jane. There is no special name for a person in that relationship.
What you call a person who helps you in breaking the law?
Such a person would be an accomplice or a partner in crime.
A summary of the consumer act of the Philippines?
The Consumer Act of the Philippines is the law for the protection of the consumer. The law promotes the consumer's general welfare and establishes standards of conduct for business and industry.
When was Institute for Communications Law Studies created?
Institute for Communications Law Studies was created in 1981.
What has the author Peter Wahlgren written?
Peter Wahlgren has written: 'Tax Law (Scandinavian Studies in Law)' 'Company Law (Scandinavian Studies in Law)' 'Legal Issues of the Late 1990s (Scandinavian Studies in Law Series, 38)' 'Proactive Approach' 'International Aspects (Scandinavian Studies in Law, Volume 39)' 'Stability & Change in Nordic Labour Law' 'Legal Theory (Scandinavian Studies in Law)' 'Procedural Law' 'Automation of legal reasoning' -- subject(s): Artificial intelligence, Law, Methodology, Philosophy
What kind of company is the Office of Fair Trading?
The Office of Fair Trading is a company set up to enforce consumer protection law and competition law, review proposed mergers, and conduct market studies. It also handles decisions and press notices.
What should i call my brother's wife?
You should call her by her first name. You may refer to her in third person as your sister-in-law.
