The responsiveness of demand due to a change in promotional expenses is called

Related MCQs

• 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……….
• Demand for tyres depends on demand of vehicles, the demand for tyres called as
• When the change in demand is exactly equal to the change in price, it is called
• …………… is the degree of responsiveness of supply to changes in the price of a good
• 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
• When the demand changes due to changes in other factors, like taste and preferences, income, price of related goods etc... , it is called
• The horizontal demand curve for a commodity shows that its demand is:
• Exceptional Demand Curve (Perverse demand curve)