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Question 6

If at 20k per kg, 2000kg of yam were purchased and at 10k per kilogram, 3000kg were purchased, the resultant point elasticity of demand is

  • A.0.33
  • B.0.001
  • C.1
  • D.10
Objective

Question details

Exam body
ABU
Subject
Economics
Year
2013/2014
Question no.
#6
Type
Objective
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