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The Fisheries Startup Grand Challenge 2.0 was launched at the Fisheries Startup Conclave 2.0, aiming to boost innovation in fisheries and aquaculture.
Which of the following is true for income elasticity of demand?
(1) It measures the responsiveness of quantity demanded of a good with respect...
Which of the following is true as per the law of supply?
(1) There is a negative relation between quantity supplied and price
(2) The...
For normal goods, the demand curve has a/an_______ slope.
What is the likely elasticity of supply when the supply curve is a straight line, vertical to the x-axis?
Which of the following is/are constant along a demand curve?
(1) Income of the consumers
(2) Price of related goods
A perfectly elastic demand curve is