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Q. |
If the question No. 286 despite reduction in price to `9.9 the demand for the product remains at 25 units we can say that the demand for the product is |
A. | Elastic |
B. | Less elastic |
C. | Perfectly inelastic |
D. | Unity elastic |
Answer» C. Perfectly inelastic |
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Fundamentals of Economics and ManagementNo comments yet