A commodity will be demanded only if
...A commodity will be demanded only if
Consumers income increases
It has no close substitutes
The price is low
It has utility
Correct answer is D
No explanation has been provided for this answer.
Balance of payment deficit can be corrected by ...
The lower half of the diagram indicates ...
An increase in marginal propensity to save will lead to ...
Specialization often improves economic performance because it ...
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The following are bye-products of crude oil EXCEPT ...
A characteristic of the linear production function is that ...
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The technical relationship between input combination and maximum attainable output is called ...