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When the price of commodity increases …

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When the price of commodity increases from Rs. 5 to Rs. 6 its demand decreases by 10%, what will be clasticity of demand ? a) Ed=1 b) Ed=0 c) Ed<1 d) Ed>1

    • Posted by Rahul Jain 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Shivani Nagar 7 years, 11 months ago

    Option ( c )

    0Thank You

    Ayushi Singh 7 years, 11 months ago

    Ed>1

    0Thank You

    Ravi Rajput 7 years, 11 months ago

    C). Ed=<1

    2Thank You

    Pranjal Srivastava 7 years, 11 months ago

    Ed >1

    1Thank You

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