Question on: JAMB Economics - 2019
A demand which gives rise to the reverse of the law of demand is__________
A
Derived demand
B
Joint demand
C
Abnormal demand
D
Composite demand
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Correct Option: C
A normal demand lower price more will be demand but Abnormal demand curve slopes upward from left to right indications, It higher price more will be demanded which give reverse. A normal demand curve slopes downward from left to right indication.
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