If the co-efficient of elasticity of demand is 1.5, then the demand is? by Sunday | May 24 | Economics WAEC | 0 comments A. fairly inelastic B. perfectly elastic C. elastic D. inelastic Correct Answer: Option C C. elastic Users Also Read These:The price elasticity of coefficient indicates?If the coefficient of cross elasticity of demand for…The coefficient of price elasticity of supply of…If the coefficient of price elasticity of demand is…The coefficient of income elasticity of demand for…