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प्रश्न
The following diagram represents ______ elastic demand for commodity X.
विकल्प
Less
Highly
Unitary
Perfectly
MCQ
रिक्त स्थान भरें
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उत्तर
The following diagram represents highly elastic demand for commodity X.
Explanation:
The diagram represents a relatively flat downward-sloping demand curve, indicating highly elastic demand. A vertical curve would be perfectly inelastic, while a horizontal curve would be perfectly elastic.
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