Q. Which is correct with respect to the following ?
If the price of an inferior good falls, its demand :

  • (A) rises
  • (B) falls
  • (C) remains constant
  • (D) can be any of the above
βœ… Correct Answer: (C) remains constant

You must be Logged in to update hint/solution

πŸ“ Notes by Other Students/ Teachers


πŸ“Š Question Analytics

πŸ‘οΈ
618
Total Visits
πŸ“½οΈ
5 y ago
Published
πŸŽ–οΈ
Chandrakant
Publisher
πŸ“ˆ
83%
Success Rate