Demand and Supply MCQs

When price elasticity of demand for normal goods is calculated, the value is always

September 27, 2022

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When price elasticity of demand for normal goods is calculated, the value is always

Q. When price elasticity of demand for normal goods is calculated, the value is always:

A. Positive

B. Negative

C. Constant

D. Greater than one

Answer: Negative

When price elasticity of demand for normal goods is calculated, the value is always

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