Economics JAMB

If elasticity of demand is greater than I and less than infinity; demand is said to be?
If elasticity of demand is greater than I and less than infinity; demand is said to be?If elasticity of demand is greater than I and less than infinity; demand is said to be?

A. elastic
B. perfectly inelastic
C. inelastic
D. perfectly elastic

Correct Answer:

Option A – elastic

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4 years ago

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