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Question 12

A normal good with close substitutes is likely to have its price elasticity of demand

  • A.between 0 and 1
  • B.equal to unity
  • C.greater than unity
  • D.less than unity
  • E.none of the above
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2019/2020
Question no.
#12
Type
Objective
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