A, B and C are three commodities, where A and B are complementary, whereas A and C are substitutes with increase in price of commodity A
The demand curve for a commodity is generally drawn on the assumption that
There will be a __________ in the demand curve of cars with an increase in the price of petrol
Which of the following is an example of substitutes goods?
Law of Demand states the relationship between price and quantity demanded
The demand for normal good ________________ with an increase in income of the consumer.
When two or more goods are demanded simultaneously, it is known as:
Which one of these is not an example of complementary goods?
Expansion in demand leads to:
