Question
If demand is more elastic than supply, who will get the
larger share of benefits?Solution
Consumers - If demand is more elastic than supply, consumers tend to reap larger benefits, such as paying lower prices, from transactions because they have more substitutes available and can respond more to price changes.
The national flower of India, which also has religious and ornamental significance, is:
Which essential oil extracted from flowers is used in perfumery and is called ‘attar’?
Which concept holds that consumers will not buy enough of organizations product unless it takes large scale selling and promotion effort?
_______is the most widely used chemical for promoting seed germination.
Which of the following is not a factor of production?
Which of the following is a true bulb used in floriculture?
Which of the following member is not involved in the Authority of APEDA?Â
Ex situ green manuring can be done by ___
Which process share the same pathway as glycolysis but in opposite direction?
To convert the hectares into acre by multiplying hectare with………….