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प्रश्न
Mention the degree of price elasticity of demand for the following goods:
School uniform
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उत्तर
Relatively inelastic demand
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संबंधित प्रश्न
What is unitary elastic demand? Draw a diagram to illustrate it.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
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Mention the degree of price elasticity of demand for the following goods:
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Study the table given below and state whether demand is elastic or inelastic. Give reasons for your answer.
| Price in ₹ | Total outlay ₹ |
| 5 | 25 |
| 3 | 18 |
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