Price Elasticity | MCQs

    Q1: If the elasticity of demand for a product is -0.5, this means that ::?

    اگر کسی پروڈکٹ کی مانگ کی لچک -0.5 ہے، تو اس کا مطلب ہے کہ ::؟
    • A. Demand is inelastic
    • B. Demand is unit elastic
    • C. Demand is elastic
    • D. Demand is perfectly elastic
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