Goods without which people can not live are called:

Related MCQs

• Goods produced for use in future productive process are called:
• For complementary goods, the cross elasticity of demand:
• In the case of luxury goods, the income elasticity of demand will be:
• When an individual’s income rises, when everything else remains the same, his demand for normal goods:
• When an individual’s income falls, when everything else remains the same, his demand for inferior goods:
• The wants of the people are
• Economic growth can be achieved through
• -------------- cost can never become zero.
• Change in quantity supplied of a product can result from
• When marginal product reaches its maximum, what can be said of total product?