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Which of the following goods has elastic demand?

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Question

Which of the following goods has elastic demand?

Options

  • Salt

  • Medicine

  • Big-sized colour TV

  • Newspapers

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Solution

Big-sized colour TV

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Degrees (Or Kinds) of Price Elasticity of Demand
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Chapter 3: Elasticity of Demand - Exercise [Page 74]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 3 Elasticity of Demand
Exercise | Q 12. | Page 74
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