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प्रश्न
A list of goods is given below. state whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
Demand for cigar by a chain smoker
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उत्तर
It is a habitual necessity for the chain smoker. Hence, demand for cigars will be inelastic.
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संबंधित प्रश्न
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| Price in ₹ | Total outlay ₹ |
| 5 | 25 |
| 3 | 18 |
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