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Question 13

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

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

Question details

Exam body
UI
Subject
Economics
Year
2014/2015
Question no.
#13
Type
Objective
Previous · Q12Which of the following is NOT a measure of dispersion Next · Q14 Demand for a factor of production is

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