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MICROECONOMICS CH : 6 PRICE ELASTICITY OF DEMAND — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 6 PRICE ELASTICITY OF DEMAND1 Mark
MCQ
$E_d> 1$ represents:
  • ✓
    elastic demand
  • B
    inelastic demand
  • C
    unitary elastic demand
  • D
    none of these
✓

Answer

Correct option: A.
elastic demand
elastic demand

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