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Question 14

If as the price of a commodity rises, the quantity demanded of the commodity remains the same, then the demand for the commodity is

  • A.Infinitely elastic
  • B.static
  • C.perfectly inelastic
  • D.Externally determined
Objective

Question details

Exam body
FUTA
Subject
Economics
Year
2010/2011
Question no.
#14
Type
Objective
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