Managerial Economics

1:

When with a change in price the total outlay on a commodity remains constant, it is a case of

A.

Perfect inelasticity

B.

Perfect elasticity

C.

Unit elasticity

D.

Zero elasticity

 

Answer : C

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.