Car and petrol are the example of _________ goods . Option 1: Normal goods Option 2: Inferior goods Option 3: Substitute goods Option 4: Complementary goods

The answer is 'Complementary goods'. View full solution:

CUET Economics - Car and petrol are the example of _________ goods . | PYQs + Solutions

CUET Economics

Micro

Easy

Normal goods

Inferior goods

Substitute goods

Complementary goods

✅ Correct Option: 4

Related questions:

13 May Shift 1

The relation between the consumer's optimal choice of the quantity of a good and its price is called ?

13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Satisfaction derived from consuming the given amount of some commodity x.	(I) Marginal rate of substitution.
(B) Change in total utility due to consumption of one additional unit of a commodity.	(II) Ordinal Utility
(C) Ranking of various consumption bundle.	(III) Marginal Utility
(D) Downward slope of indifference curve.	(IV) Total Utility

Choose the correct answer from the options given below:

31 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Cardinal utility	(I) Ranking consumption bundles.
(B) Perfect substitute goods	(II) Level of utility can be expressed in numbers.
(C) Ordinal Utility	(III) The marginal Rate of Substitution is 1.
(D) Complimentary goods	(IV) An increase in the price of one good does not lead to an increase in demand for another good.

Choose the correct answer from the options given below: