Advertisements
Advertisements
प्रश्न
Milk is used for making curd, sweets and chocolates.
What type of demand does milk have? Give a reason.
Advertisements
उत्तर
Milk has a composite demand since it has several uses and can be produced into multiple products such chocolates, sweets, curd, etc.
APPEARS IN
संबंधित प्रश्न
Explain, with reasons, whether you Agree or Disagree with the following statement
There are no exceptions to the Law of Demand.
Demand curve and Supply curve.
Demand for a good is termed inelastic through the expenditure approach when if (choose the correct alternative)
a) Price of good falls, expenditure on it rises
b) Price of the good falls, expenditure in it falls
c) Price of the good falls, expenditure on it remains unchanged
d) Price of the good rises, expenditure in it falls
Define the concept of demand schedule.
Write the answer in ‘one’ or ‘two’ paras.
What are the main determinants of aggregate demand?
Fill in the blank with appropriate alternatives given below:
Indirect demand is also known as _____________ demand.
State whether the following statement is TRUE and FALSE
Law of demand is explained by Prof. Robbins.
What do you mean by demand?
Do you agree with the following statement? Give reason
Many factors influence the demand for a commodity.
State whether the following statement is true or false. Give reasons for your answer :
X and Y are complementary goods. A fall in the price of Y will result in a rise in the price of X.
In case of ______ supply curve is a vertical straight line parallel to Y-axis.
Which of the following points relates to the transaction demand for money?
Law of demand states the ______ relationship between price and quantity demanded.
Which of the following statements is true?
Which of the following can cause an increase in demand:
If there is no change in the demand for commodity X, even after a rise in its price, then its demand is ______
Which of the following best describes 'desire' in economics?
What is necessary for want to become demand?
