हिंदी

An increase in the price of electricity will cause an ______. - Economic Applications

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प्रश्न

An increase in the price of electricity will cause an ______.

विकल्प

  • Increase in the demand for solar heaters

  • Decrease the demand for solar heaters

  • Increase in the demand for Geysers

  • None of the above

MCQ
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उत्तर

An increase in the price of electricity will cause an Increase in the demand for solar heaters.

Explanation:

An increase in the price of electricity makes electric appliances like geysers more expensive to use. As a result, consumers may look for alternative solutions that do not rely on electricity, such as solar heaters. Therefore, the demand for solar heaters, which are substitutes for electric geysers, would likely increase.

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अध्याय 1: Elementary Theory of Demand - QUESTIONS [पृष्ठ १८]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 1 Elementary Theory of Demand
QUESTIONS | Q 27. | पृष्ठ १८
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