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keeping the welfare of the masses …

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keeping the welfare of the masses in mind the government should be very considerate in fixing the price of life saving drugs as their price elasticity of demand is

    • Posted by Pardeep Kumar 6 years, 10 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Abhishek Thakur 6 years, 10 months ago

    Relatively inelastic (ed <1) because it is a necessity commodity.

    0Thank You

    Anand Arora 6 years, 10 months ago

    Price elasticity of demand is less elastic beco.people are habitual

    1Thank You

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