Home » Economics » Consumer surplus tends to be higher when demand isConsumer surplus tends to be higher when demand is Consumer surplus tends to be higher when demand is A. inelastic B. perfectly elastic C. elastic D. unitarily elastic Correct Answer: Option C Explanation Related Posts One of the purposes of advertisement in marketing is to? An important determinant of price elasticity of demand is A major setback in any mixed economy is A condition which adversely affects expansion of production is which of the following is not a problem in the barter economy? Which of the following is associated with the development of petroleum industry in Nigeria?
