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Theory of consumer behaviour — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsTheory of consumer behaviour1 Mark
Question
Ed = $\infty$ in case of:
  1. Luxuries.
  2. Normal goods.
  3. Necessities.
  4. Perfect competition.
✓

Answer

  1. Perfect competition.

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