Extension and contraction of demand for a good occurs as a result of

An exceptional demand curve is one that moves

In the case of a Giffen good, a fall in its price tends to

What would be the value of elasticity of demand, if the demand for the good is perfectly inelastic?

The demand for necessities is usually

The responsiveness of demand to the change in income is known as

Only a ________ shift of the ________ curve can reduce unemployment and inflation at the same time.

The elasticity of supply of roses is 1.8. in the market for roses, ________________.

In the figure above, this product is price ___________ between point e and point f.

A firm operating in an oligopolistic market has __________ market power compared to a __________.

A depository institution takes deposits from ______ and earns most of its income by _______.