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:If the coefficient of price elasticity of demand of…If the coefficient of price elasticity of demand is…The formula for calculating price elasticity of…The coefficient of price elasticity of demand is…The coefficient of the price elasticity of supply is…