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प्रश्न
State 2 types of related goods.
टिप्पणी लिखिए
उत्तर
Related goods are of 2 types:
- Complementary goods
- Substitute goods.
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Determinants of Demand Or Demand Function - Market Demand Function
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संबंधित प्रश्न
With help of an example explain the term complementary goods.
With suitable examples differentiate between complementary goods and substitute goods.
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.
Identify the factor that affects market demand from the options below:
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.
