Question
Who introduced the concept of elasticity of demand?
Solution
Joan Robinson has said – “The Elasticity of Demand at any price or at any output, is the proportional change of amount purchased in response to a small change in price, divided by the proportional change in price
- At the 4th 'No Money for Terror' Conference, which organization was mentioned as being empowered to issue guidelines for detecting suspicious transactions?
What is the estimated per meal cost under the PM POSHAN Scheme for upper primary students?
Who will conduct the 5G Hackathon VIMARSH 2023 to address the challenges faced by Law Enforcement Agencies?
Which two great footballers, who were members of the gold medal winning team of 1962 Asian Games, passed away in 2020?
What was the theme for “National Maritime day” this year?
The agreement between China and Serbia to build a 'community with a shared future' marks Serbia as the first European country to:
What is the location of the 7th edition of 'Ajeya Warrior' bilateral training exercise launched by India and the United Kingdom for 2023?
- What is the estimated weight of North Korea's newly unveiled nuclear-powered submarine?
As per Niti Aayog, what was the value of India’s total services Gross Value Added (GVA) in FY24?
The National Institute of Open Schooling (NIOS) launched a new initiative to reconnect out-of-school children with formal education. What is the mission...
