What are the types of good in the demand curve, Biology

Assignment Help:

What are the types of good in the demand curve?

Some types of good are as follows:

• Normal good:

When incomes of consumers/households increase the quantity demanded would increase also for instant the demand curve would shift to right.

• Inferior good:

When incomes of consumers/households increase the quantity demanded would go down as example the demand curve would shift to left.

• Giffen good:

When the price of the good or service increases the quantity demanded would increase also and vice versa as like an example of an upward sloping demand curve.


Related Discussions:- What are the types of good in the demand curve

Explain about treatment and management of dyslipidemia, Q. Explain about Tr...

Q. Explain about Treatment and Management of Dyslipidemia? Maintenance of blood lipids within the normal range is the most essential objective to prevent the onset/progression

Complications of exchange transfusion, Complications of Exchange Transfusio...

Complications of Exchange Transfusion i) Infection of umbilical vessels and systemic injection related to blood transfusion like malaria, CMV, AIDS and hepatitis B. ii) O

What is the energy efficiency of photosynthesis, What is the energy efficie...

What is the energy efficiency of photosynthesis? a) What area is occupied by each molecule? b) Calculate the molecular absorption cross section in units of A 2   A cr

State the lantern test of eye, State the Lantern Test  The patient nam...

State the Lantern Test  The patient names colours displayed in the lantern and the mistakes are analyzed. This is not the best method of testing because it depends on the natu

What is the nitrogen waste in amphibian larvae, Q. What is the nitrogen was...

Q. What is the nitrogen waste in amphibian larvae and in the adult animal? The terrestrial adult excretes urea since amphibian larvae are aquatic they excrete ammonia.

TISSUES, WHY BLOOD IS CALLED FLUID CONNECTIVE TISSUE

WHY BLOOD IS CALLED FLUID CONNECTIVE TISSUE

Type of membrane is the cell membrane, Q. Concerning permeability what type...

Q. Concerning permeability what type of membrane is the cell membrane? The cell membrane is a selectively permeable membrane that is it allows the passage of water and some sel

Assume the effect on turnover, Explain two ways in which a changing climate...

Explain two ways in which a changing climate may impact the nutrient cycle. Predict  the effect on turnover.

Estrogens, Normal 0 false false false EN-IN X-NONE ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Explain use of rifaximin, Rifaximin (Xifaxan)  An anon-absorbed oral an...

Rifaximin (Xifaxan)  An anon-absorbed oral antibiotic, was about as effective as ciprofloxacin for treatment of travelers' diarrhea, mostly caused by E. coli. It is not effecti

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd