If two commodities are good substitutes for one another, ...
If two commodities are good substitutes for one another, e.g butter and margarine,an increase in the demand for one will reduce the demand for the other. This type of demand is called
Composite demand
Elastic demand
Derived demand
Competitive e demand
Inelastic demand
Correct answer is D
No explanation has been provided for this answer.
Under a floating exchange rate regime, the determinant of the exchange rate is ...
Given that Q d = 20 - 4P and Q = 6P + 12 Determine the equilibrium quantity ...
The problem of small markets in West Africa can be solved through ...
Other things being equal, an increase in supply will lead to ...
When all factor inputs are doubled, the production possible curve will ...
Public finance is basically an analysis of the ...
The market structure in which there is interdependence of price-output policies is ...