PPSCFPSCNTSPakistan govt jobs
- Subject
- Economics Mcqseconomics-mcqs
- Published
- 25 Feb 2025
- Last updated
- 28 May 2026
How would you describe the price elasticity of cigarette demand for someone who does not smoke?
Multiple choice question for Economics Mcqs. Select an option, then review the explanation below.
Explanation
For a non-smoker, the demand for cigarettes does not respond to price changes at all because they do not purchase cigarettes under any circumstances. This means the demand is perfectly inelastic, as price fluctuations have no effect on the quantity demanded.
More Economics Mcqs
Practice related questions from the same subject.
- 1.According to the World Bank, countries are grouped into four categories based on which of the following criteria?
- 2.Automatic stabilizers belong to which category of economic policy tools?
- 3.What is the likely effect of an increase in the money supply?
- 4.Which economic concept illustrates the inverse connection between inflation and unemployment?
- 5.Which of the following does not constitute a part of the Gross Domestic Product (GDP)?