aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Indian General Knowledge
  • If the price of an inferior goods falls, its demand
Multiple choice

If the price of an inferior goods falls, its demand

  1. falls

  2. rises

  3. remains constant

  4. rises and then falls

Reveal answer Fill a bubble to check yourself
B Correct answer

Keep practicing — related questions

  • When the price of good X rises, demand for good Y rises. X and Y are
  • Quantity demanded of umbrellas was 200 at a price Rs. 60 per umbrella. Quantity demanded of umbrellas incre...
  • As per Sale of Goods Act, the unpaid seller of goods in possession of the goods, is entitled to retain the ...
  • X sold certain goods to Y for which he is yet to be paid. As long as the payment is not made by Y, (a) X ha...
  • A manufacturer of a consumer product keeps the price of a new product substantially high and over a time pe...
  • The National Capital Goods Policy 2016, unveiled by the Union Government in February 2016, aims to increase...
  • Mr. Ajay has been appointed as an agent by an importer Mr. Shanti Prakash to handle the goods at port and d...
  • Offer comes from which of the following when goods are displayed in a shop window with price tags attached ...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Microeconomics and Pricing (1364 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy