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When a change in price brings on change in demand, the situation is described as

Agricultural Science
WAEC 2006
When a change in price brings on change in demand, the situation is described as
  • A. perfectly inelastic
  • B. perfectly elastic
  • C. fairly inelastic
  • D. fairly elastic
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts