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Question
Pick the option which does not belong to the group.
Options
Price of a commodity
Cost of Inputs
Income of the consumer
Level of technology
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Solution
Income of the consumer
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RELATED QUESTIONS
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| Column I | Column II |
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| B. Perfectly Elastic | (ii) Es < 1 |
| C. Inelastic | (iii) Es = 0 |
| D. Highly Elastic | (iv) Es = infinity |
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