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Higher Study | Business Economics | Demand analysis

As a result of increase in the price of good X, whose demand is inelastic, the total expenditure of the consumers of good X, will
Which one of the following sets is incorrect to show the inter-relationships among price elasticity coefficient, change in price and change in total revenue ? Price elasticity coefficient Change in price Change in Total Revenue 1) Zero Increase Decrease Increase Decrease (2) Less than 1 Increase Decrease Decrease Increase (3) Equal to 1 Increase Decrease No change No change (4) More than 1 Increase Decrease Decrease Increase  
Which among the following factor does not lead to a shift in the demand curve?
Which factor is mainly responsible for increase in demand of natural resources?
Which one of the following demands states consumers are adequately buying all the products put into the marketplace?
Shopping goods have which of the following features? a) These products are generally durable in nature b) Consumers generally compare the goods of various sellers and then buy such goods c) Per unit price of these goods is generally high d) These goods are regularly and continuously in demand e) These goods are sold as a result of aggressive promotional efforts Choose the right answer from the option given below:
Which of the following explains the downward slope of an ordinary demand curve? (A) Income effect of price change (B) Substitution effect of price change (C) Utility Maximising behaviour of consumer (D) Risk averse behaviour of consumer Choose the most appropriate answer from the options given below:
In which of the following commodities, when a consumer spends so much that negative income effect overhelms the positive substitution effect so as the underlying demand curve is positively sloped?
Given below are two statements. one labelled as Assertion (A) and the other labelled as Reason (R).  Assertion (A): Auto companies and other consumer goods companies offer cash rebates to encourage purchase of the manufacturer's products within a specified period  Reason (R): The same product is priced differently at different times  In the context of the two statements above related to pricing strategy, which one of the following options is correct? 
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