A.Elastic
B.Inelastic
C.Perfectly elastic
D.None of the above
Related Mcqs:
- A vertical demand curve for a commodity shows that demand is
- If a reduction in prices increases revenue, then the demand curve is said to be
- According to the Kinetic theory of gases the collision between the molecules are assumed to be
- The demand for luxuries is
- A material which recovers fully after unloading but not instantaneously is known as
- The materials which exhibit the same elastic properties in all directions are called
- Viscoelastic materials show behaviour which is
- A monopolist can charge a high price only for those commodities which have
- A manufacturer in Tamilnadu sells his goods in Madras. Which tax is applicable on his goods?
- The __________ is practiced most aggressively with unsought goods, goods that buyers normally do not think of buying, such as insurance, encyclopedias, and funeral plots.?
