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Q. |
In question No. 207. If the price of item No. A instead of increasing falls by 25% and still his total expenditure as well expenditure on item B remains same, the price elasticity of A will be |
A. | 1 |
B. | < 1 |
C. | > 1 |
D. | ≥ |
Answer» A. 1 |
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Fundamentals of Economics and ManagementNo comments yet