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प्रश्न
The wide gap between the rich and poor with reference to income highlights ______ determinant of the market demand.
विकल्प
Population
Distribution of income
Income of consumer
State Policy
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उत्तर
The wide gap between the rich and poor with reference to income highlights distribution of income determinant of the market demand.
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संबंधित प्रश्न
With suitable examples differentiate between complementary goods and substitute goods.
If a buyer buys less of a commodity when his income falls, how will his demand curve change? Illustrate your answer with a diagram.
A substitute good is a good:
What will be the effect on demand for tea, if the price of coffee falls?
What will be the effect on demand for cars, if petrol becomes expensive?
State 2 types of related goods.
Define substitute goods.
Give two examples of substitute goods.
Define complementary goods.
Give two examples of complementary goods.
