Question : Demand for complementary goods is known as
Option 1: Joint demand .
Option 2: Derived demand .
Option 3: Direct demand .
Option 4: Cross demand .
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Joint demand .
Solution : Correct Answer is Joint demand .
Joint demand is the combined demand for two or more related goods. Therefore, demand for one product has an impact on demand for other closely related products. It also goes by the name of complementary demand. Fish and chips, steel and iron ore, and smartphone applications are a few examples of products with a shared demand. When demand for two goods is interdependent, joint demand occurs.
Candidates can download this e-book to give a boost to thier preparation.
Application | Eligibility | Admit Card | Answer Key | Preparation Tips | Result | Cutoff
Question : Cross-demand expresses the functional relationship between
Option 1: demand and price of related commodities
Option 2: demand and income
Option 3: demand and price
Option 4: demand and supply
Question : Barter transaction means:
Option 1: goods are exchanged for gold
Option 2: coins are exchanged for goods
Option 3: money acts as a medium of exchange
Option 4: goods are exchanged with goods
Question : Plant and machinery are
Option 1: Producer's goods .
Option 2: Consumer's goods .
Option 3: Distributor's goods
Option 4: Free goods .
Question : A cross between homozygous recessive and heterozygous plant is
Option 1: Black cross
Option 2: Test cross
Option 3: Monohybrid cross
Option 4: Dihybrid cross
Question : Directions: In the following question, arrange the following words as per their order in the dictionary. 1. Smoulder 2. Smother 3. Smuggle 4. Smudge
Option 1: 1, 2, 3, 4
Option 2: 1, 4, 3, 2
Option 3: 4, 3, 2, 1
Option 4: 2, 1, 4, 3
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile