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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
Using total expenditure method , what is Ed when price and demand are as under:
  1. Ed = 1
  2. Ed < 1
  3. Ed > 1
  4. Ed = 0
✓

Answer

  1. Ed > 1

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