Elasticity of Demand MCQs 396 to 400 Easy Approach

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Elasticity of Demand MCQs 396 to 400

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Economics 396-400

Identify the coefficient of price-elasticity of demand when the percentage increase in the quantity of a commodity demanded is smaller than the percentage fall in its price:

Identify the factor which generally keeps the price-elasticity of demand for a commodity low:

The law of Demand, assuming other things to remain constant, establishes the relationship between:

Which of the following pairs of commodities is an example of substitutes?

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Elasticity of Demand MCQs

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