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प्रश्न
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Rice in West Bengal
विकल्प
Elastic
Inelastic
उत्तर
Inelastic
Explantion:
Demand is inelastic because it is the state's principal food item and therefore a need.
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संबंधित प्रश्न
Analyse the given graphs and identify the type of elasticity of demand of:
- Picture 1
- Picture 2
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Demand is inelastic for ______.
For the following list of goods state whether the demand is elastic or inelastic. Give reasons:
Matchboxes
Study the statement given below and state whether demand will be elastic or inelastic, citing reasons for your answer.
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