The price which is initially low is called --------

Related MCQs

• The price is kept artificially low in
• When both the price of a substitute and the price of complement of X rises, the demand for X
• If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is
• Entry preventing price is called --------
• Other things remaining the same, the quantity of a product demanded increases with ------------ in price
• Relation between price of a commodity and demand for another commodity is measured by
• A fall in the price of the commodity holding everything else constant results in
• When the price of the substitute commodity of X falls, the demand for X
• Most rare type of price discrimination is
• A fall in the price of the commodity whose demand curve is a rectangular hyperbola causes total expenditure on the commodity