wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which is incorrect reason out of the following reasons to increase in demand for goods and services?

A
Lopsided production
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Increase in export
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Reduction in tax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Availability of credit
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Lopsided production

Among the given options increase in export, reduction in tax, availability of credit are the reasons for increase in demand for goods and services. On the other hand lopsided production is not the reason for increase in demand for goods and services. Lopsided production is nothing but producing one commodity in more quantity when compared to the other.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Market Interventions and Policy Failures
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon