Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

If demand is unitary elastic, a 25% increases in price will result in

A 25% change in total revenue
B No change in quantity demanded
C 1% decrease in quantity demanded
D 25% decrease in quantity demanded

Answer & Explanation

Answer: 25% decrease in quantity demanded

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Q. What was the immediate reaction of the government to the Salt Satyagraha and the Dandi march ?
Q. Polio is caused by
Q. Vermicomposting is done by
Q. The United Nations officially came into existence on
Q. The name by which Ashoka is generally referred to his inscriptions is:
Q. The Vindhyan system of rocks is important for the production of :
Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series