Question
Distinguish between normal good and inferior good.
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| Economics | $3$ | $5$ | $8$ | $4$ | $7$ | $10$ | $2$ | $1$ | $6$ | $9$ |
| Statistics | $6$ | $4$ | $9$ | $8$ | $1$ | $2$ | $3$ | $10$ | $5$ | $7$ |
| Units of Labour | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
| Units of Output | 0 | 4 | 12 | 24 | 32 | 36 | 36 | 28 | 16 | 2 |
|
Item
|
Weight in %
|
Base Year Price (₹)
|
Current Year Price (₹)
|
|
A
|
40
|
2
|
4
|
|
B
|
30
|
5
|
6
|
|
C
|
20
|
4
|
5
|
|
D
|
10
|
2
|
3
|