Home ยป The elasticity of demand of durable goods is Demand and Supply MCQs The elasticity of demand of durable goods is September 27, 2022 0 Views Q. The elasticity of demand of durable goods is: Less than unityGreater than unityEqual to unityZero Answer: Greater than unity
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to