Quantity remains the same whatever the change in price, this is the case of

Related MCQs

• In the case of ………… a small change in price leads to very big change in quantity demanded
• If the quantity of a commodity demanded remains unchanged as its price changes, the coefficient of price elasticity of demand is
• When a small change in price leads to infinite change in quantity demanded, it is called
• The proportionate change in the quantity demanded of a commodity in response to change in the price of another related commodity is called
• ……… shows the change in quantity demanded as a result of a change in consumers’ income
• If the percentage increase in quantity of a commodity demanded is its price, the coefficient of price elasticity of demand is:
• In case of …….. quantity demanded changes less than proportionate to changes in price
• The change in demand due to change in price only, where other factors remaining constant, it is called……….
• The change in demand due to change in price only, where other factors remaining constant, it is called……….
• When the change in demand is exactly equal to the change in price, it is called