Home ยป The elasticity for the demand of durable goods is Demand and Supply MCQs The elasticity for the demand of durable goods is September 27, 2022 5 Views Q. The elasticity for the demand of durable goods is __________. ZeroEqual to unityGreater than unityLess than unity Answer: Greater than unity
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to