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प्रश्न
State whether the price elasticity of demand is inelastic, relatively elastic, highly elastic or highly inelastic. Give reasons to support your answer.
demand for electricity
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उत्तर
Electricity has alternative uses; hence, its demand will be elastic.
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संबंधित प्रश्न
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| Price in ₹ | Total outlay ₹ |
| 5 | 25 |
| 3 | 18 |
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