Which of the following is not a factor for determining the price elasticity of demand?

Sanitary conditions

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Nature of goods

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Time period

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Availability of substitutes

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A
Sanitary conditions

‘Sanitary conditions’ is not a factor for determining the price elasticity of demand.

Suggest Corrections

Similar questions

What is market demand? State four factors causing increase in market demand.

Explain the influence of the following on price elasticity of demand of a good:

(i) Substitute goods.

(ii) Own price of the good

Join BYJU'S Learning Program