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 9 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