Start learning 50% faster. Sign in now
For Cuba, Number of schools = 2400 Number of (schools - hospitals) = 800 Number of hospitals = 2400 - 800 = 1600 Similarly, Required percentage = {(4000 - 3200)/4000} x 100 = 20%
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...