Question
“Higher the price of certain luxurious articles,
higher will be the demand” This concept is calledSolution
Veblen Goods are a class of goods that do not strictly follow the law of demand, which states that there exists an inverse relationship between the price of a good or service and the quantity demanded of that good or service. Veblen goods violate the law of demand after prices have risen above a certain level.
These markets are of a Permanent nature.
What is the primary objective of the Grow-out Test in seed certification?
How much DAP is required to supply N @90 kg/ha in an area of 18 m2
 Which of the following is true for a completely randomized design?
To supplement the financial needs of farmers in procuring various inputs to ensure proper crop health and appropriate yields, PM Kisan scheme was launch...
The sodium hazard (Sodicity hazard) of irrigation water are often expressed through SAR. What shall be considered a safe SAR value for irrigation water ...
Which caste of honeybee has the primary function of impregnating the young queen and is physically incapable of performing the work of the hive?
Which of the following is not matched correctly?
There are three geothermal power plant technologies being used to convert hydrothermal fluids to electricity, which of the following is not correct one...
Fortification is the addition of key vitamins and minerals such as Iron, Iodine, Zinc, Vitamins, oils can be fortified with which of the following vitamin
