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Q. In the case of ………… a small change in price leads to very big change in quantity demanded

Q. When an individual’s income falls (while everything else remains the same), his demand for an inferior good:

Q. Pricing is done on the basis of managerial decisions, not on the basis of cost, demand etc…

Q. Survey method of demand forecasting includes

Q. In case of …….. quantity demanded changes less than proportionate to changes in price

Q. Car and petrol are

Q. In ………approach, on the basis of the growth of an established product, the demand for the new product is estimated

Q. Target pricing is also called as

Q. For the commodities like salt, sugar etc.,the income elasticity will be

Q. …….method measures elasticity between two points