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30 Mar 2018
12) If the total expenditure on perfume increases when the price of perfume falls, the price elasticity of demand is A) greater than one (demand is elastic). B) less than one (demand is inelastic). C) unity (demand is unit elastic). D) not determinable from the information given. E) exactly zero.
12) If the total expenditure on perfume increases when the price of perfume falls, the price elasticity of demand is A) greater than one (demand is elastic). B) less than one (demand is inelastic). C) unity (demand is unit elastic). D) not determinable from the information given. E) exactly zero.
lalithashwin156Lv10
30 May 2023
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1 Apr 2018
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