Improved training of employees would ?

Related Mcqs:

Average income increase from Rs20,000 p.a to Rs 22,000 p.a Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ?

A. Demand is price inelastic B. The good is inferior C. Income elasticity is -2 D. The product is normal...

For an inferior good ?

A. The price elasticity of demand is negative: the income elasticity of demand is negative B. The price elasticity of demand is positive the income elasticity of demand is negative C. The price elasticity of demand is negative the income elasticity of demand is positive D. The price elasticity of demand is positive the income … For an inferior good ?Read More...

If demand is __________ then price cuts will _________ spending?

A. inelastic; increase B. elastic; increase C. elastic, decrease D. none of the above...

An increase in aggregate demand if aggregate supply is totally inelastic will ?

A. increase price but not output B. increase output but not price C. increase output and price D. decrease output and price...

The price elasticity of demand is a negative number this means ?

A. Demand is price elastic B. Demand is price inelastic C. The demand curve is downward sloping D. An increase in income will reduce the quantity demanded...