when the price of a given product is reduced from N100 to N90, the quantity demanded increases from 50 to 60 units. From this we can conclude that the product's

Oladimeji sheriff

10 years ago

the correct answer is A because the elasticity of demand is 2 , so I think B is wrong the correct answer is A

Myschool Kelly

10 years ago

Correction has been made. Thanks for your contributions.

dukeofwestminster

11 years ago

Ah ah diz ansa iz veri wronq...it shld b elastic coz afta solvin the elasticity de ansa wuld b ''2'' wich implies that it is elastic..>1 nd > infinity..try to chnqe diz admin...correct ansa A!!!!