Advertisements
Advertisements
प्रश्न
Demand is inelastic for ______.
पर्याय
Luxury goods
Necessary goods
Normal goods
Substitute goods
Advertisements
उत्तर
Demand is inelastic for necessary goods.
APPEARS IN
संबंधित प्रश्न
Draw a diagram showing a perfectly elastic demand curve.
Which of the following goods have inelastic demand?
A demand curve which takes the form of a vertical line parallel to the price axis illustrates elasticity, which is ______.
A product's demand is ______ when the time period under consideration is longer.
Draw a diagram showing elasticity of demand less than one.
Mention the degree of price elasticity of demand for the following goods:
Cosmetics
Mention the degree of price elasticity of demand for the following goods:
School uniform
What is meant by unitary elastic demand?
When is the demand for a commodity said to be perfectly inelastic?
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 school uniform
