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Q. ……………..is the process of finding current values of demand for various values of prices and other determining variables.

Q. In a perfectly competitive market, individual firm

Q. If the quantity of a commodity demanded remains unchanged as its price changes, the coefficient of price elasticity of demand is

Q. The demand has three essentials ‐ Desire, Purchasing power and ………..

Q. Method of demand forecasting is also called “economic model building”

Q. Firms in an oligopoly

Q. Product differentiation is an important feature of

Q. Which of the following is not a variable input?

Q. EP = ………in case of relatively inelastic demand

Q. Which one of the following is not a reason for adopting skimming price strategy