If prices of petrol rises from `40. To `48 per lt., the demand for car – McqOptions

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1.	If prices of petrol rises from `40. To `48 per lt., the demand for cars falls from 60 per month to 45 per month, the cross elasticity of petrol and Car is
A.	1.5
B.	1.25
C.	1.0
D.	1.59
Answer» C. 1.0

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