MCQOPTIONS
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| 1. |
If price of an article decreases from Rs 240 to Rs 220, when quantity demanded increases from 200 units to 210 units. Find point elasticity of demand? |
| A. | 0.6 |
| B. | -1.8 |
| C. | -0.6 |
| D. | 1.8 |
| Answer» D. 1.8 | |