When commodity X sold for N25 per unit, 50 units of commodity Y were purchased. With an increase in the price of commodity X to N50 per unit, the demand for commodity Y fell to 20 units.
A. 1.7
B. 0.6
C. -0.6
D. -1.7
Correct Answer:
Option A = 1.7
100 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
100 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
100 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
100 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
100 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…
100 Level Department of Social Science And Humanities exam questions and detailed answers. Download the answers…