In question No. 286 if the price is increased to `11 per unit and the demand sharply falls to 20 unit, we can say that the goods are ……………..

Related MCQs

• If the question No. 286 despite reduction in price to `9.9 the demand for the product remains at 25 units we can say that the demand for the product is
• In question No. 286 if the price is reduced to `9 per unit the demand for the product instead of increasing fall down to 24 units, the goods can be ………..
• If in question No. 286 the price is reduced to `9 But the demand goes to 26 units what is the marginal revenue from sale of 26th unit
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