Answer the following by filling in the blanks : (i) The sum total of both the substitution and the income effect is called the ______ (ii) If a fall in the price of one good raises the demand for another good, the two goods are called ______ (iii) If demand for a commodity rises even without any change in its price, then it is known as ______ (iv) In case of ______ goofd, demand rises with increase in income (v) ______shows the tabular presentation of various quantities of a commodity a consumer is willing the buy at different prices, during a given period of time.

Answer the following by filling in the blanks : (i) The sum total of

1.	Answer the following by filling in the blanks : (i) The sum total of both the substitution and the income effect is called the ______ (ii) If a fall in the price of one good raises the demand for another good, the two goods are called ______ (iii) If demand for a commodity rises even without any change in its price, then it is known as ______ (iv) In case of ______ goofd, demand rises with increase in income (v) ______shows the tabular presentation of various quantities of a commodity a consumer is willing the buy at different prices, during a given period of time.
Answer» <html><body><p></p>Solution :(i) Price effect , (ii) Complementary goods , (<a href="https://interviewquestions.tuteehub.com/tag/iii-497983" style="font-weight:bold;" target="_blank" title="Click to know more about III">III</a>) Increase in <a href="https://interviewquestions.tuteehub.com/tag/demand-436956" style="font-weight:bold;" target="_blank" title="Click to know more about DEMAND">DEMAND</a> , (iv) <a href="https://interviewquestions.tuteehub.com/tag/normal-1123860" style="font-weight:bold;" target="_blank" title="Click to know more about NORMAL">NORMAL</a> goods , (v) Demand Schedule or <a href="https://interviewquestions.tuteehub.com/tag/individual-1041871" style="font-weight:bold;" target="_blank" title="Click to know more about INDIVIDUAL">INDIVIDUAL</a> demand schedule.</body></html>