The value of elasticity of demand in perfectly inelastic demand is?
When the price elasticity of demand for a good is perfectly inelastic (Ed = 0), changes in the price do not affect the quantity demanded for the good; raising prices will always cause total revenue to increase.
The question given below consists of two statements numbered I and II given below it. You have to decide whether the data provided in the statements ar...
How many days did Mr. Bhatia take to complete his work?
I. His colleague Simran correctly remembers that Mr. Bhatia took more than five days but ...
Among 6 friends, P, Q, R, S, T and U, who is third tallest?
I. R is taller than only S.
II. T is taller than P and U but is not the talles...
How is C related to B?
I. D is married to E. C is the sister of D. E has only one daughter F. F is the granddaughter of B.
II. D is the...
Six persons M, N, Q, W, T and Y are arranged according to their height. Find the second shortest person.
I) M is taller than T but shorter t...
Eight persons P, Q, R, S, T, U, V and W sit in a straight row facing north direction. No two persons with names starting with consecutive alphabets are...
There are seven letters E, R, P, T, C , H and A. Can the word CHAPTER be formed?
I. T is placed third to the right of H. E is placed second to ...
A question is given, followed by two statements numbered (I) and (II). You have to decide whether the data provided in the statements is sufficient to ...
How many people are sitting in a circle, where all the people are facing the centre?
I. Priya sits second to the left of Gaurav. Mayank i...
Certain number of persons are sitting in a row facing north. Who among the following sits immediate right of R?
I. Only three persons sit betwe...
