Join Examsbook
148 0

Q:

If the change in demand for a commodity is at a faster rate than change in the price of the commodity, the demand is

  • 1
    perfectly inelastic
  • 2
    elastic
  • 3
    perfectly elastic
  • 4
    inelastic
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "perfectly elastic "

Previous Next

GK Economics GK Questions

Are you sure

  Report Error

Please Enter Message
Error Reported Successfully