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.
He said to her, "I will meet you here tomorrow."
You have to finish painting this fence by Friday.
The teacher said to his students, " Health is wealth, whatever you may say."
Change the following sentence to Direct Speech.
The lady replied that she was busy that evening.
Choose the option that is the direct form of the sentence.
The counter clerk asked me what my mobile number was.
The manager gave her a negative feedback during her performance appraisal.
Select the most appropriate option expressed in indirect speech.
“What a nice man Mr Sharma is !” one of the guests at the party said.
Select the option that expresses the given sentence in indirect speech.
My uncle said, “ Just my luck! I’ve missed the bus again.”
The jeweller said to us, "These diamonds are polished here."
