Economics Mcqs
Q The price decrease from Rs 2,000 to Rs 1,800 Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ?
  • A A. The price elasticity of demand is -2
  • B B. The good is inferior
  • C C. Income elasticity is + 0.5
  • D D. Income elasticity is + 2
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Word of the Day
24 Jul
Untenable
(especially of a position or view) not able to be maintained or defended against attack or objection.
Ω†Ψ§Ω‚Ψ§Ψ¨Ω„ مدافعΨͺ، غیر Ω…Ψ³ΨͺΨ­Ϊ©Ω…ΨŒ جو Ψ―Ω„ΫŒΩ„ Ψ³Ϋ’ Ψ«Ψ§Ψ¨Ψͺ نہ ہو Ψ³Ϊ©Ϋ’

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