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Reported Question / Answer
Q.) If the quantity of a commodity decreases by 20% when the price increases by 10%, the demand for this commodity is considered to be:
1)
Upward sloping
2)
Elastic
3)
Inelastic
4)
Unstable
5)
NULL
Answer :
2
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Message / Correct Answer / Suggestion
Human Verification : Answer 2 + 3 = ?
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