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| Q. |
At a price of Rs11.00, quantity demanded is 90; and at a price of Rs.9.00, quantity demanded is 110. The price elasticity of demand is: |
| A. | 0.8 |
| B. | 1 |
| C. | 1.5 |
| D. | -1.22 |
| Answer» D. -1.22 | |
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