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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