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Draw-bring out, draw out , produce . In sentence D, the word ‘draw’ is incorrectly used. In all other sentences, the usage of the word ‘draw’ is correct
Elasticity of demand is based on which of the following factors?
Movement along a demand curve as a result of change in price is known as
The goods whose demand is not tied with the demand for some other goods are said to have
Market demand for any good is a function of the
Economics of scale means
OPEC is an example of
Which one of these is an exception to the law of demand?
A high value of cross-elasticity indicates that the two commodities are
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
In a typical demand schedule, quantity demanded varies