Economy, asked by anushka16046, 5 months ago

price of a good rises by 5% as a result its demand falls by 4%. The demand for the good is a) highly elastic b) perfectly elastic c) perfectly inelastic d) inelastic

Answers

Answered by rk432252

0

your answer is D→ INELASTIC

Explanation:

bcoz the value of perfectly inelastic is 0 and its elasticity of dand is 0.8 that's why it is enelastic and the value of perfectly elastic is 1.

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