Get Started with ixamBee
Start learning 50% faster. Sign in now
Example of Derived demand, For building a house, the demand of Painter, labour, artisans, Bricks, Cements automatically increases. Cross Demand isthe ratio of percentage change in quantity demanded of a product to percentage change in price of a related product. Composite demand happens when goods or services have more than one use so that an increase in the demand for one product leads to a fall in supply of the other. E.g. milk which can be used for cheese, yoghurts, cream, butter and other products . Joint demand occurs when demand for two goods is interdependent. For example, it is no good having a printer without the ink to go with it.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
All foxes cannot be huts. No look is a hut.
Statements: All actors are directors.
Some directors are dancers.
All dancers are writers.
Statement:
Only a few P are Q Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Only a few Q are R Â Â Â Â Â Â Â Â Â Â Â Â...
Statements : All aeroplanes are helicopters.
Some helicopters are kites.
All jets are kites.
Conclusions : I. Some kites not bein...
Statements: Some guitars are harmoniums.
No harmonium is a sitar.
Conclusions: I. Some guitars are not sitars.
II. Some sitars ar...
Statements:
All Shark are Fish.
No Fish is a Whale.
Some Whale are Dolphin.
Conclusion:
Some Whale are Sharks i...
Statements:
All shoes are shirts
Only a few shirts are watches
Some watches are not mobile
Only a few mobile are copy
...Statements: No sun is a core.
       Some cores are earths.
Conclusions: I. Some cores are not suns.
    II. So...
Statement:
Some buckets are mugs.
Some mugs are tubs.
All tubs are plastics.
No plastics is a white.
Conclusion: <...
