Home » Economics » A commodity will be demanded only ifA commodity will be demanded only if A commodity will be demanded only if A. consumers income increases B. it has no close substitutes C. the price is low D. it has utility Correct Answer: Option D Explanation Related Posts Environmental degradation is more associated with The value of money is best determined by its Which of the following is a function of the Central Bank of Nigeria? The demand for factors of production is an example of? Which of the following is a liability of commercial banks? Who among the following will benefit from inflation?