What happens to the demand of inferior good if their price rises?

Nothing. Because the demand for a good is a function of its price, changes in the price of that good do not cause the function to change.

However, reading between the lines I suspect that you mean “What happens to the quantity demanded of an inferior good if its price rises?” In that case, the answer is (almost always) “The quantity demanded declines, to an extent reflected in the price elasticity of demand of that good.” (Giffen goods are rare exceptions.)

Remember that what makes an inferior good inferior is that when consumers’ incomes rise, they purchase less of it. How they respond to price changes is a completely different matter – the price elasticity of demand for an inferior good may be large or small, depending on the good in question.

Why do people in marketing want to go for finance?

It might seem odd that Marketers would want to learn Finance but when you consider it more broadly the reason becomes apparent. As a Marketer myself I can say I wasn’t born into the field. Rather, Marketing has chosen me as Sales and Business Development has in the past.

Early on in my career I knew I would be involved in some sort of business and the language of business is money. To truly understand a business, you must understand Finance. Knowing how the money flows and what constitutes a healthy balance sheet and income statement is critical. If you can look at an annual report and understand what’s being said, it will provide deep insight into what’s really going on at the company.

Furthermore, if you ever start a business, finance education will provide a solid foundation on which to build your ideas upon. Understanding cash flow, how to write a business plan, capital markets and all the rest will aid your start-up process.

So a Marketer who knows Finance is a “double threat”. They understand how to bring in customers as well as the financial impact of their actions.

What is Gamentio site?

Gamentio is a social casino portal, where you can enjoy card games like Texas Hold'em Poker, Teen Patti (Flush or Flash), Rummy, Blackjack and Solitaire. One of the unique features is that all games are in 3D, unlike most of the games in this genre (Social Casino) currently. Another unique and probably the most interesting feature is that the site offers its players Gamentio Points for various activities like Playing, Winning, Referring/Inviting friends and Social Sharing. These Points can be redeemed for real Vouchers like Amazon, Flipkart, Mobile Recharge from MygyftR, Book My Show and many more. The site is free to register and also has free Apps for both Android and iOS.

How are you feeling right now in three words?

  1. Happy! I just finished The Chamber of Secrets for the first time and oh God what a read it is . I recommend it to everyone , however old you are.
  2. Excited! Because I don't have a test tomorrow and I just basically pushed all my work for a later day and I'm looking forward to nothing. After very very long. It's a delight.
  3. Tired. I came home from a busy school day and I'm going to the gym just about now , which is already tiring me mentally. I still have a little body ache from yesterday's workout. I slept late last night. But anyway, I'll be sleeping early tonight.