2003
Economics
WAEC
If the quantity demanded of a commodity increases from 20 to 30 units when there is an increase in price from 4 naira to 5 naira, the elasticity of demand is
A.
0
B.
1
C.
2
D.
5
Correct Answer: 2
Explanation
This Question has no answer detail yet, Add oneTHIS WEEK's
Latest Articles
Top-Scorer Okoro Uchechukwu Solomon Reveals How He Scored 337 in JAMB
by samuel olalekan adeyemi
Bouncing Back: How Samuel Isaac Overcame Setbacks to Score 265 in JAMB and What He Learned
by samuel olalekan adeyemi
Managing Stress During Exams: Practical Tips for Students
by samuel olalekan adeyemi
