Advertisements
Advertisements
प्रश्न
If there is no change in demand for commodity ‘X’, even after rise in its price, then its demand is ______.
विकल्प
Perfectly Elastic
Perfectly Inelastic
Less Elastic
Highly Elastic
MCQ
रिक्त स्थान भरें
Advertisements
उत्तर
If there is no change in demand for commodity ‘X’, even after rise in its price, then its demand is Perfectly Inelastic.
Explanation:
Perfectly inelastic demand means quantity demanded does not change when price changes. Perfectly elastic demand responds infinitely to even a small price change; less and highly elastic demand both involve a change in quantity.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
