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प्रश्न
A product's demand is ______ when the time period under consideration is longer.
पर्याय
Less elastic
More elastic
Perfectly elastic
Perfectly inelastic
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उत्तर
A product's demand is more elastic when the time period under consideration is longer.
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संबंधित प्रश्न
Under what conditions does the supply of good exhibit unitary elasticity?
Degrees of price elasticity of demand is of ______ types.
Identify elastic demand when value of Ed is ______.
In case of Ed = 0, demand curve is ______.
When despite of no change in the price of the good, its quantity demanded increases from 10 units to 15 units, then coefficient of price elasticity will be ______.
Demand is inelastic for ______.
Draw a diagram showing elasticity of demand less than one.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Bicycles
Indicate the degree of elasticity demand of the following demand curves.
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to Y-axis.
