Economy, asked by khamaad522, 4 days ago

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 anmolaulakh107
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 khakharoshan4
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

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