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प्रश्न
Car and petrol are examples of ______ demand.
विकल्प
Complementary
Competitive
Substitute
Composite
MCQ
रिक्त स्थान भरें
उत्तर
Car and petrol are examples of complementary demand.
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Determinants of Demand Or Demand Function
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संबंधित प्रश्न
Give one example of a pair of complementary goods.
What will be the impact of a rise in price on the demand for its complementary goods?
Which of the following pairs of goods are most likely substitutes?
Goods X and Y are complements when they are ______.
From the set of statements given in Column I and Column II, choose the correct pair of statements:
Column I | Column II |
A. Normal goods | (i) Goods the demand for which tends to fall with increase in income. |
B. Inferior goods | (ii) Goods which cannot be used in place of one another. |
C. Substitute goods | (iii) Goods which can be used in place of one another. |
D. Joint demand | (iv) Goods the demand for which rise with increase in income. |
What do you mean by complementary goods?
Explain how quantity demanded for commodity X will be affected by An increase in the price of its substitute.
Give the meaning of Income demand.
Give the meaning of Cross demand.
Give an example of inferior goods.