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 10 Views Q. The elasticity of demand of durable goods is: More elasticLess elasticZero elasticInfinite elastic Answer: More elastic
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to