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.
Degrees of price elasticity of demand is of ______ types.
Which is the implication of a horizontal demand curve?
What is unitary elastic demand? Draw a diagram to illustrate it.
Draw a diagram showing elasticity of demand less than one.
Study the statement given below and state whether demand will be elastic or inelastic, citing reasons for your answer.
A consumer postpones the purchase of a refrigerator till the off-season sale.
What is price elasticity of demand for life saving drugs?
What is the price elasticity of demand for the following demand curve?
Rectangular hyperbola
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
Sate whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
Demand for precious stones and costly jewellery
