Download App

Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
Question
When is the demand for a good said to be perfectly inelastic?
✓

Answer

When demand remains constant at all prices.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Theory of consumer behaviour→Theory of consumer behaviour — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

What are the assumptions of the law of variable proportion?
→
Write an equation for a linear demand curve.
→
What shape will Production Possibility Curve take when Marginal Rate of Transformation is decreasing?
→
The government has started promoting foreign capital. What is its economic value in the context of Production Possibilities Frontier?
→
In which market form are goods sold at a uniform price?
→
Give two examples of fixed costs.
→
Show that AR = Price.
→
What is cartel?
→
Why are TC and TVC curves parallel to each other?
→
How is MC related to TFC?
→