Question

    If two or more than two goods are used to satisfy the

    same want, they are called
    A complementary goods. Correct Answer Incorrect Answer
    B substitute goods Correct Answer Incorrect Answer
    C Giffen goods Correct Answer Incorrect Answer
    D inferior goods Correct Answer Incorrect Answer
    E Veblen goods Correct Answer Incorrect Answer

    Solution

    If two ‘or’ more goods are used to satisfy the single want they are called complementary goods.

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