Price elasticity of demand is defined as

The concept of elasticity of demand was developed by :

Demand curve in most cases slopes

Demand curve in most cases slopes

The average total cost of producing 50 units is Rs. 250 and total fixed cost is Rs.1000. What is the average fixed cost of producing 100 units?

If a firm produces zero output in the short period :

Average variable cost curve :

The average fixed cost :

The meaning of the word ‘Economic’ is most closely connected with the word :

Which of the following curve cannot be u-shaped?