Pairs of goods for which consumption is interdependent e.g., cars and petrol or cups and saucers are known as:

Related MCQs

• Consumption function expresses the relationship between consumption and -
• Bread and butter, car and petrol are examples of goods which have -
• Which one of the following pairs of goods is an example for Joint Supply?
• Goods which are meant either for consumption or for investment are called -
• Goods which are produced for consumption rather than as an intermediate product used in the process of production are referred to as:
• Indirect taxies levied upon goods produced for home consumption are called:
• A trade of goods and services in the exchange for other goods or services rather than for money is known as:
• The branch of the social science that covers the study of the production, distribution and consumption of wealth in human society is known as:
• Cross elasticity of demand between petrol and car is -
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called