1.

Arrange the following products in the increasing order of price elasticities(A) Homogeneous products(B) Differentiated products(C) Necessities(D) Durable goodsChoose the correct answer from the options given below:

A. (C), (B), (D) and (A)
B. (A), (B), (C) and (D)
C. (A), (C), (B) and (D)
D. (C), (A), (B) and (D)
Answer» C. (A), (C), (B) and (D)


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