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MICROECONOMICS CH : 5 THEORY OF DEMAND — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 5 THEORY OF DEMAND1 Mark
MCQ
Statement 1 : Substitute goods are those goods which complete the demand for each other.
Statement 2 : Complementary goods are those goods which can be substituted for each other.
  • A
    Both the statements are true
  • ✓
    Both the statements are false
  • C
    Statement 1 is true and Statement 2 is false
  • D
    Statement 2 is true and Statement 1 is false
✓

Answer

Correct option: B.
Both the statements are false
(b)

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