Meaning
The law of demand doesn?t explain the percentage change in quality demand due to the certain percentage in price. It shows
South Asian free trade agreement
South Asian free trade agreement The agreement on south Asian free trade area (SAFTA) was signed by
Perfectly elastic demand
Due to slight fall or rise in the price of commodity, if quality demand increases or decreases infinitely then
Price index number
Price index number Price index number is the relative price level of current year to price level of base