Demand for tyres depends on demand of vehicles, the demand for tyres called as

Related MCQs

• The horizontal demand curve for a commodity shows that its demand is:
• Exceptional Demand Curve (Perverse demand curve)
• In the case of unitary elastic demand, the shape of demand curve is
• Demand for necessary goods (salt, rice, etc,) is……….and demand for comfort and luxury good is
• ……………… demand forecasting is prepared by different trade association in order to estimate the demand for particular industries products
• In …….. approach, the demand for new product is estimated on the basis demand of existing product
• The change in demand due to change in price only, where other factors remaining constant, it is called……….
• Higher the price of certain luxurious articles, higher will be the demand, this concept is called
• The change in demand due to change in price only, where other factors remaining constant, it is called……….
• When the demand changes due to changes in other factors, like taste and preferences, income, price of related goods etc... , it is called