1)Statements that explain Giffen's Paradox 2)It is an exception to the Law of Demand. (b) It is applicable to inferior or Low quality goods (c) Demand increases when the prices of inferior goods fall (d) It was identified by Prof. Alfred Marchall Options 1) Only a 2) a, b,c 3) b,c,d 4) a,b,c,d
Answers
Answered by
0
Answer:
Building material is any material used for construction purpose such as materials for house building. Wood, cement, aggregates, metals, bricks, concrete, clay are the most common type of building material used in construction. The choice of these are based on their cost effectiveness for building projects.
Answered by
1
Answer:
It is applicable to inferior or low quality goods. Demand increases - Economics. Statements that explain Giffen's paradox: It is an exception to the law of demand
Similar questions
Hindi,
2 days ago
Math,
2 days ago
Math,
4 days ago
Chemistry,
4 days ago
Math,
8 months ago
Social Sciences,
8 months ago
Computer Science,
8 months ago