If change in price is 1% and change in demand is also 1%, then demand will be called
A. Elastic
B. Perfect elastic
C. Unit elastic
D. Inelastic
Answer: Option D
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Related Questions on Agricultural Economics
Cost calculated for per hectare is known as
A. Cost of cultivation
B. Cost of production
C. Cost of farming
D. Fixed cost
The gross agricultural area in Rajasthan during 2011 was
A. 193.10 lakh hectares
B. 183.49 lakh hectares
C. 193.20 lakh hectares
D. 194.33 lakh hectares
A. Economic holding
B. Basic holding
C. Optimum holding
D. None of the above
option c
equal change .so correct answer is
option c