A commodity is described as inferior when the
...A commodity is described as inferior when the
Income effect is negative
Income effect is positive
Substitution effect is negative
Substitution effect is positive
Correct answer is A
No explanation has been provided for this answer.
The following are measures of location except_______ ...
A point P, the marginal rate of substitution is ...
In which of the following business units are the owners mostly customers? ...
In a sole proprietorship decisions are made by the ...
Land is often different from other factors of production because it ...
Gains from trade depends on ...
Age distribution is important because it helps the government to ...