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Demand and Supply

Q.91) If there is decrease in price of X, then demand of Y is also decreased, then X & Y are-

(A) Substitute goods

(B) Complementary goods

(C) X is inferior to Y

(D) Y is inferior to X

Q.92) For Successful Price discrimination between two market, demand elasticity of production should be-

(A) Same

(B) Different

(C) Constant

(D) Zero

Q.93) Other things being equal, a decrease in quantity demanded of a commodity can be caused by-

(A) A rise in the price of the commodity

(B) A rise in the income of the consumer

(C) A fall in the price of a commodity

(D) A fall in the income of the consumer

Q.94) Which of the following are consumer semidurable goods?

(A) Cars and Television sets

(B) Milk and Milk products

(C) Foodgrains and other food products

(D) Electrial appliance like fans and electric irons

Q.95) A supply function expresses the relationship between-

(A) Price and demand

(B) Price and consumption

(C) Price and output

(D) Price and selling cost

Q.96) Demand for complementary goods is known as-

(A) Joint demand

(B) Derived demand

(C) Direct demand

(D) Cross demand

Q.97) Which one of the following pairs of goods is an example for Joint Supply?

(A) Coffee and Tea

(B) Ink and Pen

(C) Tooth brush and Paste

(D) Wool and Mutton

Q.98) For an inferior good, demand falls when-

(A) Price rises

(B) Income rise

(C) Price falls

(D) Income falls

Q.99) A 'want' becomes a demand only when it is backed by the-

(A) Ability to purchase

(B) Ncessity to buy

(C) Desire to buy

(D) Utility of the product

Q.100) An exceptional demand curve is one that moves-

(A) Upward to the right

(B) Downward to the right

(C) Horizontally

(D) Vertically

ਜੇਕਰ ਤੁਸੀ ਕਿਸੇ ਵੀ ਸਰਕਾਰੀ ਨੌਕਰੀ ਬਾਰੇ ਜਾਣਕਾਰੀ ਲੈਣਾ ਚਾਹੁੰਦੇ ਹੋ ਤਾ ਉੱਤੇ ਦਿੱਤੇ ਕੰਮੈਟ ਬਾਕਸ ਵਿੱਚ ਕੰਮੈਟ ਕਰ ਸਕਦੇ ਹੋ ਧੰਨਵਾਦ ਅਰਨ ਮਨੀ ਜੋਬਜ ਟੀਮ