The horizontal demand curve represents
A) Perfectly elastic demand
B) Unitary elastic demand
C) Perfectly inelastic demand
D) Relatively elastic
Correct Answer:
Verified
Q9: The shape of a demand curve is
Q10: The demand curve for inferior good is
Q11: Unitary elasticity of demand is
A)Zero
B)Equal to one
C)Greater
Q12: Which one is not an exception to
Q13: When the demand curve is a rectangular
Q15: Who is the present governor of RBI?
A)Pranab
Q16: What do you call the cost incurred
Q17: Who is the lender of the last
Q18: Which bank is called Banker's Bank?
A)RBI
B)SBT
C)SBI
D)ICICI
Q19: Which is the system followed by RBI
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