Demand is said to be price elastic, if the absolute value of price elasticity of demand is? by Sunday | Jan 20 | Agricultural Science WAEC | 0 comments A. greater than one B. less than one C. one D. zero Correct Answer: Option A A. greater than one Users Also Read These:When a change in price does not affect the quantity…If the price elasticity of demand for a good is 0.43…Determine the price elasticity of demand if the…An elastic string of force constant 200N m-1 is…What is the elasticity of demand for commodity X, if…