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Question 13

Given an original price of #400 per kilogram of rice and a change in price of #20, and given the quantity purchased at the old price as 10kg and a change in quantity as 5kg after the price changed the elesticity is equal to

  • A.5
  • B.10.8
  • C.10
  • D.0.80
Objective

Question details

Exam body
FUTA
Subject
Economics
Year
2020/2021 Model 1
Question no.
#13
Type
Objective
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