Question
As a result of an increase in consumer incomes, the
demand for XYZ good has decreased. Based on this information, what can we definitely say about what type of good XYZ is?Solution
Inferior goods are goods whose demand is reduced with increasing consumer income. Inferior goods are very low-priced goods and are of much lower quality related to other goods. Income growth allows the consumer to change their choices and buy substitutes of superior quality.
Draught purpose breed of cattle is ……………
The alcohol content of wine during fermentation and the ripeness of fruits before harvesting is assessed by using a:
Which of the following is the major pest of wheat
Which of the following parameters is incorrectly matched with the measured device?
The intensity of crop rotation can be computed by using the following formula:
Akoichi disease in rice is due to toxicity of
A plant hormone, which is primary regulator of abscission process is:
In specialized farming, what percentage of income is derived from a single source or enterprise?
How does the release of root exudates impact the microbial population in the rhizosphere?
A laboratory which develops methods of testing, provides validation and technical support and evaluates performance is designated as a:
