Question
Elasticity of demand is based on which of the following
factors?Solution
The four factors that affect price elasticity of demand are (1) availability of substitutes, (2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and (4) how much time has elapsed since the time the price changed. If income elasticity is positive, the good is normal.
Which of the following numbers is divisible by 4?
What of the following is/are the achievements of the Non cooperation movement at that time?
1.   Communal harmony in the country
2. �...
Which of the following statements is/are incorrect in regards to Mahila Samman Bachat Patra?
1.Women will get a 7.5% interest p.a. for the one-ti...
In the following number-pairs, the second number is obtained by applying certain mathematical operations to the first number. Which numbers should repla...
Three of the following words are alike in some manner and hence form a group. Which word does NOT belong to that group? (The words must be considered as...
Under which Act it is mandatory to establish a "Court of Inquiry"?
Which of the following is not the indicator of Human Development Index?
Who among the following is the author of the book 'The Little Book of Encouragement'?
Who among the following said, “The most perfect system of government is the one that produces the greatest possible happiness, the highest level of so...
What types of activities can be undertaken by associations or unions under the right to form associations or unions?
     I.       ...
