Question
In two commodity worlds if one good is
inferior then the other must beSolution
If a good is inferior, then the consumer buys more of it when their income decreases, and less when their income increases.
Let's think about the scenario given. The consumer has two goods available, and when their income decreases, they buy more of both goods. How is this possible? The consumer's budget set has shrunk, so the total value of what they buy must go down, but we're predicting that consumption of each good goes up. We therefore must conclude that it is impossible for both goods to be inferior.
Common Peacock Butterfly; _________ is state butterfly of Uttarakhand.
Which of the following statement is true about micronutrients
Which state is the largest producer of honey in India as per 2024 rankings?
Principal acid found in apples
Match the following:
1. Propping : A) cutting of pseudostem after harvesting.
2. ...
In 1988, which organization took administrative control of the Forest Research Institute and its research centers?
Sprinkler irrigation is not suitable for the soils with the infiltration rate:
What will be the Land equivalent ration when sole crop yield is 50 & 40 q/ha and intercrop yield is 20 q/ha and 10 q/ha in intercropping system?
What does FYM stands for?
"Ingredient" means: