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प्रश्न
If tea and coffee are substitutes, then bread and butter are examples of ______.
पर्याय
Joint goods
Similar goods
Complementary goods
Homogeneous goods
उत्तर
If tea and coffee are substitutes, then bread and butter are examples of complementary goods.
Explanation:
Complementary goods refer to items that are utilized jointly to fulfill a specific desire. An example of this is the combination of bread and butter, as they are used together, indicating their status as complementary goods.
संबंधित प्रश्न
Explain any one factor that affects the supply of a commodity.
Define the term demand.
Why is supply directly proportional to price?
Explain the following:
Walking inflation
Why is creeping inflation considered good for an economy?
Define supply.
Printers and ink cartridge are an example of ______ demand.
With the help of a suitable diagram, explain the contraction of supply.
In the percentage increase in the quantity of a commodity is smaller than the percentage fall in its price, the coefficient of price elasticity of demand is ______.
When the percentage change in the quantity supplied of a commodity is exactly equal to the percentage change in its price it is known as ______.
