Question
If demand is price inelastic, then
Solution
Buyers do not respond much to changes in price id demand is inelastic and demand curve is very close to vertical.
Which organization is responsible for the development of the Sewage Treatment Plant (STP) and related infrastructure in Meerut, under the Hybrid Annuity...
What was the approximate value of total UPI transactions processed in September 2024?
The structure that produces and holds sperm cells in bryophytes (non-vascular plants) and ferns is called:
Who is the author of the book "The India Story," which focuses on India's economic history and lessons for its political economy?
Who is the author of the book titled Citizen and Society? Â
When is World Oceans Day celebrated annually?
What is the joint venture scenario between Walt Disney and Reliance Industries Ltd regarding their India - based media operations?
In which Indian state will the Chess World Cup 2025 be held starting November 1?
What is the role of the new AI spokesperson introduced by Ukraine's Ministry of Foreign Affairs?
What is the primary objective of ISRO’s SpaDeX mission?