EP = ………in case of relatively inelastic demand

Related MCQs

• EP =………….in the case of relatively elastic demand
• Demand for tyres depends on demand of vehicles, the demand for tyres called as
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• The horizontal demand curve for a commodity shows that its demand is:
• Exceptional Demand Curve (Perverse demand curve)
• 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
• In the case of perfect elasticity, the demand curve is
• In case of Giffen goods, demand curve will slope: