Solution When the price of X rises, quantity demanded for X will fall and because the price elasticity of demand is 1.2; the total expenditure made on the good will fall. So, the consumer will be left with more money income to spend on Y. Thus, quantity demanded of Y increases.
Which one of the following is an exception from the five functional types of unionism identified by Robert Hoxie?
Which rock inscription gives an account of the achievements of Kalinga King Kharvela ?
Bleaching powder contains
For the first time in India, medical benefit as a non-cash benefit was provided under?
The names of 16 students from section A, 18 students from section B and 20 students from section C were selected. The age of all the 54 students was dif...
The Civil Disobedience Movement of 1930 culminated in the signing of a pact in 1931 by Gandhiji and
Two dice are thrown simultaneously. The probability that the product of the two numbers on the two dice is an even number is
Who is the author of ‘Das Kapital’?
Consider the following in regards to Surajkund International Crafts Mela:
1.It is the largest crafts fair in the world
2.35th Surajkund In...
Which tourist destination from amongst the following will be developed as an international destination for tourism according to the Budget 2002-03?
