Home » Economics » If elasticity of demand is greater than I and less than infinity, demand is said…If elasticity of demand is greater than I and less than infinity, demand is said… If elasticity of demand is greater than I and less than infinity, demand is said to be A. elastic B. perfectly inelastic C. inelastic D. perfectly elastic Correct Answer: Option A Explanation Related Posts The difference between visible exports and invisible exports of a country, in money terms, is… Taxes which are levied on a person’s expenditures are known as? The situation whereby in a fiscal year a government’s revenue receipt are less than its… Balance of trade is the difference between? which of the following is not a good reason for the importation of agriculture in… Divorce of ownership from control is a characteristic of?
