HSC Science (Computer Science) 12th Board ExamMaharashtra State Board
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State Whether the Following Statement is True Or False :Demand for Necessary Goods is Inelastic. - HSC Science (Computer Science) 12th Board Exam - Economics

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Question

State whether the following statement is True or False :

Demand for necessary goods is inelastic.

Solution

Demand for necessary goods is inelastic - True.

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APPEARS IN

 2016-2017 (March) (with solutions)
Question 1.3.2 | 1.00 mark

Video TutorialsVIEW ALL [3]

Solution State Whether the Following Statement is True Or False :Demand for Necessary Goods is Inelastic. Concept: Demand.
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