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  9. Q3
Question 3

If at 10k per kg, 1000kg of yam were purchased and at 5k per kg, 1500kg were purchased, the resultant point elasticity of demand is

  • A.0.33
  • B.0.0001
  • C.1
  • D.10.000
Objective

Question details

Exam body
UNN
Subject
Economics
Year
2007/2008
Question no.
#3
Type
Objective
Previous · Q2If X represents the factors of production and Y represents the price factor… Next · Q4 A situation in which all inputs are doubled and output also doubles is known as

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