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Q. |
If we assume that price decreases as total expenditure increases, we may conclude that |
A. | elasticity of demand is greater than unity |
B. | elasticity of demand is less than unity |
C. | elasticity of demand is equal to unity |
D. | elasticity of demand is a function of market trends |
E. | None of the above |
Answer» A. elasticity of demand is greater than unity |
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