MCQ
In monopolistic competition, the demand curve is
- ✓More elastic
- BInelastic
- CLess elastic
- DNone
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| a) | Perfectly elastic demand | $e_p=\alpha$ | |
| b) | Unitary elastic demand | $e_p=0$ | |
| c) | Inelastic demand | $e_p<1$ | |
| d) | Elastic demand | $e_p>1$ | |
| a) | New trade policy | 1) | 2017 |
| b) | GST | 2) | 1991 |
| c) | Kisan card | 3) | 2020-2015 |
| d) | EXIM policy | 4) | 1998 |