--%>

Consumer demands-technologies used by workers

Consumer demands for the caviar are least possible to change in response to modifications in: (1) Technologies utilized by workers who harvest caviar. (2) Government taxes or subsidies on the caviar. (3) Prices for other delicacies people eat on the festive occasions. (4) The incomes of caviar gourmets. (5) Consumer preferences and tastes.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Explain about the minimum legal price

    Please help me to solve the problem that is given below. A minimum legal price is a price: (1) foundation. (2) umbrella. (3) ceiling. (4) cut.  (5) floor. I need a good ans

  • Q : Resources flowing toward industries in

    Resources tend to flow toward industries in the long run along with: (w) lower profits for typical firms. (x) more profit for typical firms. (y) lower payments to most resource owners. (z) more stable rates of technological change.

    Q : Goods in positive price cross

    When two goods contain positive price cross elasticities of demand, then the two goods are: (1) inferior goods. (2) superior substitutes. (3) complementary goods: (4) gross substitute. (5) normal goods. I need a go

  • Q : Problem on coefficient of income

    Refer to the following diagrams give the answer of following question. In which case would the coefficient of income elasticity be positive? 1) A 2) B  3) C  4) D    

    Q : Help In the quintile distribution of

    In the quintile distribution of income, the term "quintile" represents

  • Q : Opponents of Contribution Standard

    Opponents of contribution standard for income distribution, the: (w) prefer a more efficient mechanism to distribute income. (x) accept marginal productivity theory. (y) question how well the market system measures productivity. (z) generally favor de

  • Q : Present Value of Future Income The

    The present value of future income is: (w) higher, the higher the interest rate. (x) lower, the higher the interest rate. (y) unaffected by the interest rate. (z) purely objective, and not subjective at all. Hello guys I want your advice. Please recommend some views for above Economics pr

  • Q : Structure conduct performance paradigm

    From about 1890 till 1970 year, the “structure-conduct-performance paradigm” dominated theories regarding how firms behave in various types of markets. The term here “performance” in this context refers to those things as: (i)

  • Q : Completely controls output of a product

    Through the strict economic description that a monopoly is: (i) necessarily a very large firm. (ii) one of a few large firms that dominate a market. (iii) a lone firm which completely controls the output of a product along  with no close substitu

  • Q : Greatest percentage rate of return The

    The greatest percentage rate of return would be generated through a financial investment which yielded: (w) annual income = $1,000; current price = $10,000. (x) monthly income = $100; current price = $24,000. (y) annual income = $1,200; current price = $10,800. (z) an