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 receptor of brassinosteroid
Instability in the agricultural sector, often caused by fluctuating yields and market prices, can be categorized into how many main types?
Which form of DNA helix is predominantly present in cell?
A manger who acts as a crisis manger is playing which of the roles?
If the income elasticity of demand is greater than one, the commodity is:
Uptake of silicon in the form of silicate anion in cereals such as rice is required for
Seed viability refers to:
Mutations are.................?
Plant movements that are independent of the direction of the stimulus.
The type of cylinder which is commonly used in paddy threshers, studded with wire loops around its periphery?