i have few question , really need someone to gave***explaination***,
it is all AL mc question
03(30) which of the following statement is inconsistent with the law of demand ?
a) the larger the quantity demanded,
the greater the price elastcity of demand
b)when people expect the price of a product to rise ,
the demand for that product will increase .
C) job promotion unrelated to productivity is more common in private-owned firms than in public enterprise,
d)tuition fees and student numbers are negatively related
the answer is C, by elimate the consistent ,,, however i want to know what is mean of c....and how is it inconsistent to the law of demand ....
no one like to guest at exam right .....
the second question.
97(11)which of the following is Not implied by the law of demand?
A).relatively more high quality vegatable are sold in urban markets than in rural markets which are closer to the farms
b)An ad valorem tax on whisky leads to a greater drop in the sales of lower-priced whisky,
c)People tend to eat more in buffet dinner than in ordinary dinners,
d) the number of car accidents rises when the law requires the drivers to wear seat beat
the collect answer is b.. ...
i really want to make every concept clearly and get a good result in the following ALexam