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This question belongs to Commerce Economics
Economics
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When as a result of decrease in price of good, the total expenditure made on it decreases we say that price elasticity of demand is

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Correct Answer: Option A
When as a result of decrease in price of good, the total expenditure made on it decreases we say that price elasticity of demand is less than unity.
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1 Comment
Ifa Misgana
Ifa Misgana 4 years ago
Exactly