One of the factors determining price elasticity of demand...
One of the factors determining price elasticity of demand for a commodity is the
Availability of close substitute
Number of producers
Government policy
Price of other commodities
Correct answer is A
No explanation has been provided for this answer.
Which of the following best explain an inflationary situation at current price level? ...
A country is allowed to import just 50,000 tonnes of rice annually. This describes ...
Industry can be defined as ...
A major limiting factor of mass production is ...
The term marginal propensity to consume can best be explained as the ...
In order to calculate total utility (TU) from given levels of marginal utility (MU), one has to ...