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प्रश्न
Milk can be put to several uses; therefore, it is called as a ______ good.
पर्याय
Composite
Autonomous
Direct
Indirect
उत्तर
Milk can be put to several uses; therefore, it is called as a composite good.
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संबंधित प्रश्न
State two factors affecting the market demand for a commodity.
Goods X and Y are complements when they are ______.
The demand for a Good X increases when the price of its substitute ______ OR when the price of its complements ______.
Assertion (A): The statement 'A consumer buys 2 litres of milk everyday at a price of ₹50 per litre of milk' is demand statement.
Reason (R): The demand for a commodity is always expressed with references to price and time.
What do you mean by substitute goods?
Explain how quantity demanded for commodity X will be affected by An increase in the price of its substitute.
Explain how quantity demanded for commodity X will be affected by Consumer credit facility.
What is demand function?
Give the meaning of Cross demand.
Given an example of Veblen goods.
