Question
In economic terminology, to assess the relationship
between complements a battery and a car you should find out the _________ that generally is __________ .Solution
Cross-price elasticity measures the responsiveness of the demand for one good to a change in the price of another good. For complementary goods (like cars and batteries), an increase in the price of one (e.g., cars) leads to a decrease in the demand for the other (e.g., batteries). Therefore, their cross-price elasticity of demand is negative.
Which of the following countries became the first to receive WHO verification for eliminating leprosy?
Who is the MD&CEO of Bank of Baroda?
In which year the branch of Kumaon Parishad was extended to Dharchula and Munsiyari?
Syed Sallauddin Pasha, a notable figure in Indian dance, is renowned for his mastery of which two dance forms?
India participated in the 44th session of the Codex Committee on Nutrition and Foods for Special Dietary Uses (CCNFSDU) in which country?
What does 'L1' in ISRO's Aditya-L1 mission mean?
Which statements about Atal Bhujal Yojana (ATAL JAL) are correct?
I. It was launched in 2019.
II. It is a Central Sector Scheme.
...Identify the longest national highway in India.
At the Indian Film Festival to be held from 12th August to 20th August at Melbourne, Australia, who will be the guest of honor from India?
A retail customer opens demat account with a Depository Participant (DP)Â
