Question
The positive cross elasticity of demand between two
products means the two productsSolution
A positive cross elasticity of demand means that the demand for good A will increase as the price of good B goes up. This means that goods A and B are good substitutes. so that if B gets more expensive, people are happy to switch to A. An example would be the price of milk.
In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in meaning f...
Aversion
A desire to cause harm to another person
Select the most appropriate meaning of the given idiom.
Latin and Greek
Find the word with the appropriate similar meaning of the word in Italic from the options given:
The audacious explorer ventured into unknown t...
Identify the incorrect pair:
Choose the word that means the same as the given word.
 Quandary
The Union Government has launched new scheme for protection of Majuli Island in Assam from flood and erosion.
On Thursday, the Supreme Court uphold (A) the Madras High Court's conclusion (B) that the reservation afforded (C) to the community under the 2021 Act ...
Choose the word opposite in meaning to the given word.
Plenitude
