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प्रश्न
State 2 types of related goods.
टीपा लिहा
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उत्तर
Related goods are of 2 types:
- Complementary goods
- Substitute goods.
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Determinants of Demand - Market Demand Function
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संबंधित प्रश्न
Explain clearly two factors which determine demand.
If a buyer buys less of a commodity when his income falls, how will his demand curve change? Illustrate your answer with a diagram.
The wide gap between the rich and poor with reference to income highlights ______ determinant of the market demand.
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?
Explain any four factors which determine the market demand.
Define substitute goods.
Give two examples of substitute goods.
Define complementary goods.
