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प्रश्न
Explain how quantity demanded for commodity X will be affected by Consumer credit facility.
एक पंक्ति में उत्तर
उत्तर
Consumer credit facilities raise demand for commodity X because consumers are tempted to buy commodity X that they would not have purchased otherwise.
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Determinants of Demand Or Demand Function
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अध्याय 1: Elementary Theory of Demand - QUESTIONS [पृष्ठ २३]
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संबंधित प्रश्न
What kind of a commodity will have inverse relation between income and demand?
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. |
State two important determinants of demand.
What do you mean by complementary goods?
Explain any three determinants of market demand.
What do you mean by a normal good?
What is demand function?
Give the meaning of Income demand.
Give two examples of substitute goods.
Car and petrol are examples of ______ demand.