46.
If elasticity of demand is very low, it shows that the commodity is

47.
An increase in the supply of a commodity is caused by

48.
When price is below equilibrium level, there will be

49.
The following are causes of shift in demand EXCEPT

50.
Demand for a commodity refers to a

Read More Section(Economics)

Each Section contains maximum 70 questions. To get more questions visit other sections.