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प्रश्न
When income increases, the demand for ______ type of good will increase.
पर्याय
inferior goods
giffen goods
normal goods
coarse goods
उत्तर
When income increases, the demand for normal goods type of good will increase.
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संबंधित प्रश्न
Explain any three factors that affect the demand for a commodity.
With an increase in income, the consumption of which good, the consumer reduces ______.
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.
Differentiate between Giffen goods and inferior goods.
Explain any four factors affecting the demand for a commodity.
Give the meaning of Price demand.
Give the meaning of Income demand.
Car and petrol are examples of ______ demand.
Milk can be put to several uses; therefore, it is called as a ______ good.
