UGC NET Commerce || 2021

Which one of the following statements is true?

Which one of the following is the demand state where “Consumers dislike the product and may even pay to avoid it”?

Match the items of List - I with the items of List - II and select the correct code of matching:

Code:

Fine speciality store falls into

Statement (I): A low market - penetration index indicates substantial growth potential for all the firms.

Statement (II): Generally, price competition increases and margins fall when the market-penetration index is already high.

Code: