Advertisements
Advertisements
प्रश्न
______ refers to the effects of a change in price of commodity X on demand for commodity Y when quantity demanded.
पर्याय
Income effect
Price Effect
Cross-price effect
None of these
MCQ
रिकाम्या जागा भरा
उत्तर
Cross-price effect refers to the effects of a change in price of commodity X on demand for commodity Y when quantity demanded.
Explanation:
When a change in the price of commodity X has an effect on demand for commodity Y, the term "cross-price effect" is used.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
