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Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
MCQ
When total expenditure increases in response to decrease in the price of the commodity the elasticity of demand is:
  • ✓
    Greater than unity.
  • B
    Less than unity.
  • C
    Unity.
  • D
    Infinity.
✓

Answer

Correct option: A.
Greater than unity.

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