Discussion topic: Contributed Answer/Explanation to Q. 2
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| Home: harshkot | Original Message | Reply | | Subject: Contributed Answer/Explanation to Q. 3 | Inelastic demand
When the change in price and total expenditure move in opposite direction
then the price elasticity of demand is said to be inelastic and the
elasticity of demand is less than 1....
Posted at: Fri Mar 23 07:25:24 2012 (GMT) |
| Page 1 of 1 | | From: vishal2007may | Reply 1 of 1 | Reply | | | Subject: comment on original answer | when price and total expenditure moves in oppsite direction then Price Ed is
said to be elastic(more than one) Posted at: Thu Apr 19 12:02:42 2012 (GMT)
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