CBSE BOARD XII, asked by parmeets947, 3 months ago

19. A new steel plant comes up in Chattisgarh. Many people who were previously unemployed in the area are now
employed. How will this affect demand curve for Black and White TV and Colour TV?
OR​

Answers

Answered by sweetie1007
2

The demand curve of B.W.TV will shift towards left (being an inferior good) as increase in income of the people due to employment will induce the people to shift from B.W. TV to Colour TV.

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