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» Solution :(i) Price effect , (ii) Complementary goods , (III) Increase in DEMAND , (iv) NORMAL goods , (v) Demand Schedule or INDIVIDUAL demand schedule.