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प्रश्न
Demand is inelastic for ______.
पर्याय
Luxury goods
Necessary goods
Normal goods
Substitute goods
उत्तर
Demand is inelastic for necessary goods.
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संबंधित प्रश्न
In case of Ed = 0, demand curve is ______.
From the following goods, demand for which is inelastic?
Mention one example of inelastic demand. Give a reason in support of your answer.
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Rolex watches
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Mention the degree of price elasticity of demand for the following goods:
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Define perfectly elastic demand.
What is the price elasticity of demand for the following demand curve?
Straight line demand curve parallel to X-axis.
A list of goods is given below. state whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
demand for refrigerators
