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Elasticity of Demand — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsElasticity of Demand1 Mark
MCQ
Identify elastic demand, when value of Ed is _________.
  • A
    (-) 0.2
  • B
    (-) 0.8
  • ✓
    (-) 1.5
  • D
    1.0
✓

Answer

Correct option: C.
(-) 1.5
C

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