Question
If demand is price inelastic, then
Solution
Buyers do not respond much to changes in price id demand is inelastic and demand curve is very close to vertical.
Up against the wall
By rule of the thumb
Charley Horse
Select the most appropriate meaning of the bold idiom.
The boy turned a deaf ear to the pleadings of all his well-wishers.
To draw the line
John thought he could easily defeat his opponent in the debate, but he quickly realized he had caught a tartar when he faced an eloquent and well-prepar...
Blue-blooded
In each question below, a sentence is given with an idiom/phrase printed in bold type. That part may contain a grammatical error. Each sentence is follo...
Select the most appropriate meaning of the bold idiom in the given sentence.
Mrs. Arora has got the green light from the principal to organise...
The delay will not be affect the scheduled delivery of the aircraft carrier to the Indian Navy.