Economy, asked by asifanu8490, 1 year ago

Give reason for demand for habitual good,s is inelastic

Answers

Answered by AmquriousGaurav

For example I have a bad habit of smoking . Do you think I will let it go because price charged 5-10 RS more. I may reduce it but won't let it go unless insane process is charged like 100rs or something.

Previous Question

Next Question

Similar questions

CBSE BOARD X, 7 months ago

Lencho was looking at the sky towards...

Math, 7 months ago

Using identity (x+a) (x+b) = x2 + (a+b)x +ab Simplify 103 X 101...

Math, 7 months ago

1] Draw an acute-angled triangle and three medians in it ? 2] draw an isosceles triangle and three altitude in it ?

Chemistry, 1 year ago

What type of substance would make better permanent magnet ferimagnetic substance or ferromagnetic substance why?

Physics, 1 year ago

Example of any other object which can be Luminous and non luminous both two example two example...

Chemistry, 1 year ago

Why do alkyl halides undergo nucleophilic substitution reaction?

Biology, 1 year ago

Why does eating of one type of food cause imbalance in nutrition ?

Biology, 1 year ago

Why curd turns sour iwhen not kept in refrigerator?