Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-31

  • question_answer
    If the change in demand for a commodity is at a faster rate than change in the price of the commodity then the demand is

    A)  perfectly inelastic

    B)  elastic

    C)  perfectly elastic

    D)  inelastic

    Correct Answer: B


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