Demand is said to be price elastic, if the absolute value of price elasticity of demand is
Greater than one
Less than one
One
Zero
Correct answer is A
No explanation has been provided for this answer.
Spatial Reasoning Questions and Answers
Microsoft Office Questions and Answers
Personality Test
Situational Judgement Questions and Answers
Typing Speed and Accuracy Test
Puzzles Questions and Answers
Nigeria General Knowledge Questions and Answers
Numerical Reasoning Questions and Answers
Verbal Reasoning Questions and Answers
Logical Reasoning Questions and Answers
Abstract Reasoning Questions and Answers
Quantitative Reasoning Questions and Answers
Data Interpretation Questions and Answers
See all →