ECONOMICS
ELASTICITY OF DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Define precise
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definite or exact; definitely or strictly stated, defined or fixed; characterised by definite or exact expression or execution
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satisfactory or acceptable in quality or quantity equal to the requirement or occasion
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distinguish; locate, recognise and name; establish or indicate who or what someone or something is; provide an answer from a number of possibilities; recognise and state a distinguishing factor or feature
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None of the above
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Explanation:
Detailed explanation-1: -pre•cise. adj. 1. definitely or strictly stated, defined, or fixed: precise directions.
Detailed explanation-2: -precise. adjective. pre·cise pri-ˈsīs. : exactly or sharply explained or stated. : very exact.
Detailed explanation-3: -In common usage, accurate describes being close to the correct value. Precise, on the other hand, emphasizes the small margin of error or paying attention to the smallest details. Exact means zero deviation from the correct value.
Detailed explanation-4: -1. definitely or strictly stated, defined, or fixed. precise directions. 2. being exactly that and neither more nor less.
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