When cross elasticity of demand is positive value, what are the types of goods they are?

Question:

When cross elasticity of demand is positive value, what are the types of goods they are?

A.

substitute goods

B.

complimentary good

C.

normal good

D.

inferior good

Answer» a. substitute goods

Note: The above multiple-choice question is for all general and Competitive Exams in India

Which theory describes money received in the current time it has more worth thanmoney received in future

Question:

Which theory describes money received in the current time it has more worth thanmoney received in future

A.

cash value of money

B.

time value of money

C.

storage value of money

D.

lead value of money

Answer» b. time value of money

Note: The above multiple-choice question is for all general and Competitive Exams in India