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.
The first genetic material on Earth was most likely:
Which one of the following is not associated with megasporangium ?Â
Which hormone is commonly known as the growth hormone?
- Which of the following is the main function of the large intestine?
The obturator on the micropyle in plants serves what function?
Streptokinase enzyme is used for :Â
Which of the following hormones is released in excess quantity during excitement?
Which of the following is a technique by which plants get rid of waste material?
I. Storing as gum and resin
II. Removed in the falling leaves
Kidney stones are primarily composed of which substance?
Which substance is predominantly found in urine?
