Demand and Supply · UPSC CDS/OTA · Question 17 of 30

Demand and Supply – Question 17

Step-by-step solution. Demand and Supply for UPSC CDS/OTA.

Topic
Demand and Supply
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

Solved UPSC CDS/OTA Question

A solved UPSC CDS/OTA PYQ — decoded step-by-step.

Solve it the standard way once — then learn the shortcut.

Q · Demand and SupplyMedium · 45s

Which of these is true for an inferior good?

TopicDemand and Supply
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained — no skipped algebra.

Inferior goods have negative income elasticity.

Final Answer: Option B — Demand decreases with a rise in income
Solve Question✦ Build Plan
Demand and Supply Question 17 – UPSC CDS/OTA