If elasticity of demand is greater than I and less than infinity; demand is said to be? by Sunday | Oct 27 | Economics JAMB | 0 comments A. elastic B. perfectly inelastic C. inelastic D. perfectly elastic Correct Answer: Option A – elastic Users Also Read These:If the elasticity of demand for a commodity is less…If the co-efficient of elasticity of demand is 1.5,…If the coefficient of price elasticity of supply is…At what position will an object be placed in front…A person can focus an object only when it lies…