Sugar and tea are …………… goods

Related MCQs

• Tea and Coffee are perfect substitute of each other, given the price of Tea and Coffee being `100 and `200 per Kg. a consumer is prepared to buy 3 Kg. of each. If the price of tea remain same and the price of Coffee rises to `400 per kg. the demand for Tea goes to 6 Kg. and that of Coffee falls to 1Kg. The elasticity of substitution between Tea and Coffee is
• If price of sugar fills leading to fall in total outlay on sugar, the demand of sugar is
• If the price of coffee falls by 8% and the demand for Tea declines by 2%. The corss price elasticity of demand for Tea is
• If price of sugar increase, the demand for tea will ………….
• Tea and coffee are
• If price of Tea increases the demand of coffee will
• If demand of coffee increases by 10% with 20% decline in the price of sugar we can say that
• A goods can be considered inferior goods in economics if increase in disposal income of the consumer causes
• A goods can be considered a normal goods in economics if increase in disposal income of the consumer causes
• In question No. 286 if the price is increased to `11 per unit and the demand sharply falls to 20 unit, we can say that the goods are ……………..