Consider the following statements:
Other things remaining unchanged, market demand for a good might increase if
1. price of its substitute increases
2. price of its complement increases
3. the good is an inferior good and the income of the consumers increases its price falls
4. Its prices fall
Which of the above statements are correct?
Options
Similar Questions
“Rule of Law Index” is released by which of the following ?
The term ‘West Texas Intermediate’, sometimes found in news, refers to a grade of
Consider the following statements: 1. At the outset, the Samkhya School of Philosophy was spiritualistic,…
Consider the following pairs: Natural fibres used for crafts State 1. Kauna Manipur 2. Korai…
The strategic debate of 1934-37 was regarding as to how to continue with mass movement…