True or False with valid reason ,, In case of inferior goods law of demand fails??
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15
Heya.....
See here for your answer......
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In case of inferior goods law of demand fails....??
False ,,
Reason ---
Law of demand fails only when negative income effect is greater than substitution effect , but in inferior good substitution effect is greater than income demand , do it doesn't fails...
Thank you
See here for your answer......
================
In case of inferior goods law of demand fails....??
False ,,
Reason ---
Law of demand fails only when negative income effect is greater than substitution effect , but in inferior good substitution effect is greater than income demand , do it doesn't fails...
Thank you
Answered by
2
heya !!
here is your answert⤵️⤵️
Flase is the answer.
in case of inferior goods, law of demand doesn't fails.
hope my answer helps you
here is your answert⤵️⤵️
Flase is the answer.
in case of inferior goods, law of demand doesn't fails.
hope my answer helps you
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