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प्रश्न
Study the table given below and state whether demand is elastic or inelastic. Give reasons for your answer.
| Price in ₹ | Total outlay ₹ |
| 5 | 25 |
| 3 | 18 |
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उत्तर
The demand is relatively inelastic because the total outlay varies directly with the price of a good.
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संबंधित प्रश्न
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demand for refrigerators
