Re: ISI ME II 2010

Posted by Amit Goyal on Mar 05, 2012; 4:25am
URL: http://discussion-forum.276.s1.nabble.com/ISI-ME-II-2010-tp7189831p7343505.html

Shreya, The answer to the first one is correct because law of demand also holds good for the inferior goods.
The answer to the second one is that the crop is the normal good. I recommend you to plot the situation and think about it.