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  4. Demand and Supply
Demand and Supply
 

1 Q.  

The Consumption of inferior goods decreases when-[S.S.C LDC Exam, 2015]

  • Market Price increases

  • Income increases

  • Market Price decreases

  • Income decreases

2 Q.  

 For a goods --------negative income elasticity and positive price elasticity of demand, then the good is-[S.S.C (CGL) Exam, 2016]

  • An inferior goods

  • Normal goods

  • Superior goods

  • Giffen goods

3 Q.  

The Goods which are either for consumption or for investment are called-[S.S.C (10+2) Exam, 2017]

  • Intermediate goods

  • Final goods 

  • Giffen goods

  • Inferior goods

4 Q.  

The Price discrimination is helpful when.[S.S.C (LDC) Exam, 2018]

  • Demand elasticity for two market is different

  • Demand elasticity for two market is same

  • Supply elasticity for two market is different

  • Supply elasticity for two market is same.

5 Q.  

In capitalist economy, price value is determined by.[S.S.C (FCI) Exam, 2018]

  • Demand & Supply

  • Government

  • Buyers

  •  Sellers
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