यदि किसी वस्तु की कीमत में नगण्य या कोई परिवर्तन न होने पर भी उसकी मांग में बहुत बड़ा या अनंत परिवर्तन होता है, तो ऐसी मांग को क्या कहा जाता है?

A manufacturer of specialized cooling equipment increases product prices due to rising raw material costs. Despite this, sales volume remains stable because clients face high switching costs, lack suitable alternative suppliers, and require the equipment for critical operations. Which of the following best explains why the firm can pass cost increases to customers without a significant drop in demand?

E Co manufactures a single product. Which of the following would indicate that the product will have a low price elasticity of demand?