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Question 34Asked in DSSSB TGT Computer Science, 25 Jun 2023, Shift 3 (4:30 PM)

Which of the following is/are true about the demand curve? i. It reflects the law of demand.

Which of the following is/are true about the demand curve? i. It reflects the law of demand. Ii. It’s the plots of quantities demanded at various price. Iii. It is positively sloped.
  1. AOnly i
  2. BBoth I and ii
  3. CBoth I and iii
  4. DBoth ii and iii
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Correct answer: (C) Both I and iii

Explanation

Note: the answer key gives (C), but a demand curve slopes downward (negatively), so statement iii is false. Statements i and ii are true, which makes "Both i and ii" correct.

From DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 3 (4:30 PM)

This is question 34 of DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 3 (4:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.