Consumer surplus tends to be higher when demand is? By: Sunday|Published on: Oct 23|Categories: Economics JAMB| 0 comments A. inelastic B. perfectly elastic C. elastic D. unitarily elastic Correct Answer: Option C – elastic Users Also Read These:The most important economic factor which determines…In order to raise more revenue for a certain period;…The demand curve for a commodity is downward sloping…Which of the following is not a strong basis for…If a consumer plans to spend 120k on four oranges…SEE ALSO The current industrial development strategy in Nigeria is aimed at encouraging?