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From the following 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 - Economic Applications

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प्रश्न

From the following 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

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उत्तर

School uniform is an essential item. So, demand for it will be inelastic.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Elasticity of Demand - QUESTION BANK [पृष्ठ ४७]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 2 Elasticity of Demand
QUESTION BANK | Q 26. (a) | पृष्ठ ४७
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