Question
"This question consists of a sentence which is divided
into four parts numbered (1) to 4. only one part of the sentence is not acceptable in standard written English. Identify that an error.Solution
The correct phrase is "healthier food." "More" is not needed with the comparative form "healthier."
When price elasticity of demand is unity, the total expenditure:
In case of Giffens goods, price effect is
The goods whose demand is not tied with the demand for some other goods are said to haveÂ
Elasticity of demand measures the
In a typical demand schedule, quantity demanded varies
The statement, "The elasticity of demand may be defined as the percentage change in quantity demanded which would result from 1 percent change in price"...
A movement along a demand curve indicates that a different quantity is being demanded
This movement is due to
Which one of these is an exception to the law of demand?
OPEC is an example ofÂ
The reasons for L-shaped long run average cost curve is/are