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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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Question
If the change in demand for a commodity is at a faster rate than change in the price of the commodity, the demand is
A
Perfectly inelastic
B
Elastic
C
Perfectly elastic
D
Inelastic
View Answer
Answer & Explanation
Answer: Option [C]
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