Q. If the demand of the product changes considerably with the small change in price then the demand is said to be

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Q. The pricing strategy uses by companies, operating in price sensitive market is classified as

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Q. The pricing discrimination in which different forms of same market offer its prices differently is classified as

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Q. Supply-and-demand model is a partial equilibrium model of

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Q. Evaluate sensitivity of quantity variable, Q, to vary in price variable, P is

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Q. Scrutinize possible effect on equilibrium of a change in outer surroundings affecting marketplace is

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Q. Expression "supply and demand" was initially used by

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Q. Under supposition of ideal competition, supply is determined through

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Q. Price, at which sellers mutually are ready to sell identical amount as buyers collectively are agreeable to buy, identified as

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Q. Restrictions of law of demand are

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Q. Basic rule of economic theory which declares that, all else equal, an augment in price results in a boost in quantity supplied is

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Q. If demand remains unaffected and supply diminish (supply curve shifts to left), a deficiency arise, leading to a

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Q. If demand increases (demand curve shifts to right) and supply have no alteration, a lack happens, leading to a more

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Q. Aspect affecting supplies are

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Q. Augmented demand can be characterized on graph as curve being moved to right is associated to

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Q. Tastes & first choices are determinants of

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Q. Company expectations regarding upcoming prices are determinants of

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Q. Measures reaction of quantity supplied to changes in price, as proportion change in quantity supplied persuades by a one percent alteration in price is

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Q. Demand movers are

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Q. To a great extent market can offer is

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