Question
Income elasticity of inferior goods is
........................?Solution
The demand for inferior goods rises when the real income of consumers falls and vice versa. Hence, income elasticity of demand for inferior goods is negative.
A) Jamaica is one of the most beautiful islands in the world.
B) Visitors can see, eat or drink Jamaica’s exports such as sugar, citrus fru...
levied on Harley-Davidson motorcycles (A)/ India has offered the United States a commitment (B)/ and scrap an import tariff of 50% (C)/ to increase purc...
Little did he realise (P)/ that he had been let down(Q)/stood by all these years(R)/by a colleague whom he had(S).
Select the option that arranges sentences B, C, D and E in a logical sequence.
Sentences A and F are static.
A. Mountaineering is still a ...
Select the option that arranges sentences B, C, D and E in a logical sequence.
Sentences A and F are static.
A. You would have noticed map...
Which of the following is the third sentence of the passage?
In each of the questions given below a sentence is given with three words in bold. Choose the option which gives the correct sequence of these words to ...
In the questions given below, a sentence has been broken down into four fragments labelled (A), (B), (C) and (D) and arranged, not necessarily in the c...
The burden of fixed monthly charges and fuel cost adjustment will be born by state government.
Directions: In each of the following questions, a sentence is given with three words marked as (A), (B), and (C). These words may or may not be placed ...