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Economics MCQs – Certification Test 44

Other Demand Elasticity Quiz (Question 44) – Study App & e-Book Download

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MCQ 44: One of the elasticity of demand is calculated as the ratio of the percentage change in quantity demanded to the percentage change in his income is known as:

  1. cross price elasticity of demand
  2. income elasticity demand
  3. perfect elastic demand
  4. perfect inelastic demand

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