If the price of a commodity falls and the quantity purcha...
If the price of a commodity falls and the quantity purchased of it does not rise, the commodity can be described as
Normal
Abnormal
Inferior
Superior
Scarce
Correct answer is C
No explanation has been provided for this answer.
Plywood industries are often located near the source of ...
The most common index for measuring developments is ...
Among all the determinants of economic growth, the most important one is ...
When the total product starts falling, then the marginal product is ...
Which of the following is necessary for the survival of small firms in West Africa? ...
A firm will experience diseconomies of scale when ...
In a country with large population of full-time house wives, national income ...
The productivity of labour does not depend only on its own effort and efficiency, but also on I. ...