In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be
A). 0
B). 1
C). 1.5
D). 2
1
In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be 1.
3. Insider trading is related to
4. Which one is the assumption of law of demand
5. Which of the following statements is incorrect, if resources were unlimited?
7. Human Development Index comprises literacy rates, life expectancy at birth and:
8. Question 22:How will you know whether a worker is working in the informal sector?
9. What are gilt-edged securities
10. In the case of two perfect substitutes, the indifference curve will be