Agricultural Economics - Study Mode

[#166] When with a change in price the total outlay on commodity remains constant, it is a case of
Correct Answer

(B) Unit elasticity

[#167] Crop farming and milk production is example of
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(C) Complementry enterprice

[#168] Application of the law of diminishing return may be delayed in case of
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(D) All of these

[#169] Consumer is neither worse off nor better off than before in
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(A) Hicks substitution effect

[#170] Increase in Indian population is due to
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(C) Both A and B