✅Intellect✅
Economics 👉MCQ 31
When price increase by 10% and demand falls by 15%. Then total outlay shall

✅Intellect✅
Economics 👉MCQ 32
When price increases by 10% and demand falls by 5% then total outlay shall _____

✅Intellect✅
Economics 👉MCQ 33.
When price falls by 5% and demand goes up by 5% then total outlay should

✅Intellect✅
Economics 👉MCQ 34
When price decreases by 10% and demand increases by 15% then total outlay shall

✅Intellect✅
Economics 👉MCQ 35
Necessities have price elasticity of _______

✅INTELLECT✅
Economics 👉MCQ 36
Price elasticity is ______ for luxurious goods

✅INTELLECT✅
Economics 👉MCQ 37
Price elasticity is ______ for milk, vegetables, food grains etc

✅INTELLECT✅
Economics 👉MCQ 38
Price elasticity of AC, motor car, smart phones etc is _______

✅INTELLECT✅
Economics 👉MCQ 39
A commodity having very few substitutes will have ______ price elasticity

✅INTELLECT✅
Economics 👉MCQ 40
A commodity which has multiple uses will have ______ price elasticity