Start learning 50% faster. Sign in now
Ability is possession on means of skill to do something. Only ability can be used in the context of the blank.
For normal goods, the demand curve has a/an_______ slope.
What is the likely elasticity of supply when the supply curve is a straight line, vertical to the x-axis?
A perfectly elastic demand curve is
Which of the following is/are constant along a demand curve?
(1) Income of the consumers
(2) Price of related goods
Which of the following is true as per the law of supply?
(1) There is a negative relation between quantity supplied and price
(2) The...
Which of the following is true for income elasticity of demand?
(1) It measures the responsiveness of quantity demanded of a good with respect...