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B Elasticity of Demand — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsB Elasticity of Demand1 Mark
MCQ
Demand for essential commodities in life is …………..
  • A
    elastic demand
  • ✓
    relatively inelastic
  • C
    perfectly elastic
  • D
    perfectly inelastic
✓

Answer

Correct option: B.
relatively inelastic
relatively inelastic

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