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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 school uniform
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उत्तर
A school uniform is an essential item. So, demand for it will be inelastic.
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संबंधित प्रश्न
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| Price in ₹ | Total outlay ₹ |
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| 3 | 18 |
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