Question
Solve the Mcqs no Explanation please: Goods tend to have more elastic demand over -------- time horizons. Longer Shorter All None of the above Luxuries
Solve the Mcqs no Explanation please:
Goods tend to have more elastic demand over -------- time horizons.
Longer
Shorter
All
None of the above
Luxuries have ------------- demand
Inelastic
Elastic
Zero elasticity
a&c both
Inelastic demand curves are ---------- than elastic demand curves
Steeper
Flatter
wider
none of the above
Indifference curves slopes---------------
Upwards from left to right
Downwards from left to right
Upwards from right to left
None of the above
The total amount a firm receives for the sale of its output
profit
total revenue
total cost
expense
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