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प्रश्न
Which of the following will have elastic demand?
पर्याय
Matchbox
NCERT Textbooks
Medicines
Air Conditioners
MCQ
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उत्तर
Air Conditioners
Explanation:
Air conditioners are costly luxury goods, so consumers can postpone buying them or choose alternatives when their price changes. Matchboxes, textbooks, and medicines are generally treated as necessities with less elastic demand.
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