Examlex

Solved

Which of the Following Is Included in M2 but Not

question 128

Multiple Choice

Which of the following is included in M2 but not in M1?


Definitions:

Related Goods

Related goods are goods that can either be substitutes or complements to each other, affecting each other's demand and consumption patterns.

Complements

Goods or services that are used together, where demand for one increases demand for the other.

Demand for Memory Cards

The consumer's desire and willingness to purchase memory cards at varying prices, influenced by factors such as technology usage and data storage needs.

Digital Cameras

are devices that capture photographs in digital form, allowing for easy storage, editing, and sharing.

Related Questions