What Type of Relationship Does the Law of Demand Demonstrate

question 415

Multiple Choice

What type of relationship does the law of demand demonstrate?

• A)direct
• B)positive
• C)inverse
• D)static

---

Definitions:

Social Responsibility Objectives

Goals that aim to improve community well-being and protect the environment as part of an organization's operations.

Competitive Advantage

is the attribute that allows an organization to outperform its competitors, resulting from unique resources, capabilities, or strategies.

Rival Behaviour

Actions or strategies adopted by companies in competition with one another to gain an advantage or market share.

Competitive Effectiveness

The ability of an organization to implement strategies that secure a competitive edge and achieve desired outcomes efficiently.