Demand for a commodity is elastic when it has: | Faculties

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Gopal Sharma

🎓 Tutor III ⭐ 38.32K Points

📊 Managerial Economics 1

Q. Demand for a commodity is elastic when it has:

(A) only one use
(B) uses which cannot be postponed
(C) many uses
(D) uses very essential for the consumer

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✅ Correct Answer: (C) many uses

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