A.Highly elastic
B.Perfectly melastic
C.Fairly elastic
D.Moderately elastic
E.Totally inelastic
Related Mcqs:
- If a reduction in prices increases revenue, then the demand curve is said to be
- Demand for necessary goods is:
- According to the Kinetic theory of gases the collision between the molecules are assumed to be
- The demand for luxuries is
- Demand for a commodity is elastic when
- As the price of a commodity goes up, the demand for it:
- A material which recovers fully after unloading but not instantaneously is known as
- In a domestic refrigerator if the compressor runs continuously, it shows that
- A vertical section of soil body, which shows different layer, is known as:
- The area under load curve divided by maximum demand represents
