ECONOMICS (CBSE/UGC NET)

ECONOMICS

MARKETS AND PRICES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If you produce durian chips and dried banana decreases in price, then the price of your durian chips would likely ____
A
go down
B
go up
C
the equilibrium price is the same
D
None of the above
Explanation: 

Detailed explanation-1: -Durian has been described as the most foul-smelling fruit in the world.

Detailed explanation-2: -It is high in sugar. Durians are high in sugars such as fructose and glucose. People with diabetes may experience a rise in blood sugar if too much of it is eaten. This may cause symptoms such as blurry vision and nausea. Hence, they will need to pay particular attention to how much durians they eat.

Detailed explanation-3: -Its antioxidants may neutralize cancer-promoting free radicals. In one test-tube study, durian extract prevented a strain of breast cancer cells from spreading. Prevents heart disease. Several compounds in durian may help reduce cholesterol levels and your risk of atherosclerosis, or the hardening of your arteries.

Detailed explanation-4: -1. Thailand – The Biggest Durian Producer. Undoubtedly, Thailand leads the list of durian production by country.

There is 1 question to complete.