Managerial Economics 1 MCQ: Demand for necessary goods (salt, rice, etc,) is……….and demand for comfort and luxury good is

Demand for necessary goods (salt, rice, etc,) is……….and demand for comfort and luxury good is

Correct Answer: Inelastic, elastic

Make the most of this question

This page focuses on one Managerial Economics 1 question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

← More Managerial Economics 1 MCQs All Faculty topics Mock test hub

WhatsApp+91 99922 70404Managerial Economics 1 MCQ: Demand for necessary goods (salt, rice, etc,) is……….and demand for comfort and luxury good is | Extra Education