Home

If the price of product increases and in the result the demand for product B also increases then:

A. A and B are substitute goods

B. A and B are complementary goods

C. A is inferior to B

D. A is superior to B

Please do not use chat terms. Example: avoid using "grt" instead of "great".

You can do it
  1. A firm is a sum of persons who convert:
  2. In which case the elasticity shown by the different points of a curve is the same?
  3. If two households have identical preferences but different incomes then:
  4. After reaching the saturation point consumption of additional units of the commodity cause:
  5. The concept of period refers to:
  6. The situation in between the extremes of the govt. controlled, planned economy and the perfectly free,…
  7. There is no difference between fixed and variable factors in the:
  8. We can find total utility by:
  9. Which of the following statement is wrong?
  10. Which of the following is assumed to be constant when drawing a demand curve?
  11. Indifference curves reflect:
  12. If a good is an inferior good then an increase in incomes of the consumers will:
  13. The ordinary demand curve is also called:
  14. In perfect cartel, the:
  15. The game theory concentrates on:
  16. In economic term water is a:
  17. If the production function is homogeneous, the expansion path will be a straight line through the origin…
  18. An economic theory is :
  19. For a commodity giving large consumers surplus, the demand will be:
  20. If there are many producers, each of whom has an individual production possibility curve, then the lowest…
  21. If demand increased and supply decreased then:
  22. Stable cobweb model is a:
  23. If a firm produces zero output in the short period then which statement is true?
  24. The equilibrium of a firm is determined by the equality of MC and MR in only:
  25. In perfect competition, the slope of the total revenue curve of a firm is equal to the:
  26. Necessary condition for consumer equilibrium is:
  27. In discriminating monopoly (price discrimination), the elasticity of demand of product in two markets…
  28. In context of oligopoly, the kinky demand curve (kinked demand curve) hypothesis is designed to explain:
  29. The marshallian demand curve includes:
  30. The production techniques are technically efficient: