Accounting



Item Name

What are the factors governing Elasticity of demand?

What are the types of Elasticity of demand?

What do you mean by elasticity? What are the factors governing it ?

What is cross elasticity of Demand? Explain.

What is demand forecasting? Explain briefly various methods of forecasting?

What is impact of substitutes and complements on demand of a product?

What is meant by elasticity of demand? Explain giving a suitable illustration, how elasticity of demand determines the price policy of a firm.

What is the criteria for choice of good forecasting method?

What is the cross elasticity of demand? Explain.

What is the importance of Elasticity of demand?