Download App

Theory of consumer behaviour — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsTheory of consumer behaviour1 Mark
Question
Why is demand for water inelastic?
✓

Answer

Because it is a necessity.

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 "Answer The Following Questions In One Sentence.[1 Marks Each]" from Theory of consumer behaviour→Theory of consumer behaviour — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Define cash reserve ratio.
→
What do you understand by a 'Cashless Society'?
→
What is ‘excess demand’ in macroeconomics?
→
What is planned economy?
→
What is the rationale for not taking into account the value of intermediate goods in the measure of GDP?
→
Define commercial bank.
→
Under which market form, a firm's Marginal Revenue is always equal to price.###What is the behaviour of Marginal Revenue in the market, in which a firm can sell any quantity of the output it produces at a given price?
→
“An economy always produces on but not inside PPC". Defend or refute.
→
Give the meaning of positive economic analysis.
→
Categorize the following items into Revenue and Capital Expenditure.
Statement-Grants given by central government to state government.
→