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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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Question
Elasticity of demand measures the responsiveness of the quantity demanded of a goods to a
A
Change in the price of the goods
B
Change in the price of substitutes
C
Change in the price of the complements
D
Change in the price of joint products
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Answer & Explanation
Answer: Option [A]
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