f the quantity demanded of a commodity increases from 20 to 30 when there is
ECONOMICS
JAMB 2021
f the quantity demanded of a commodity increases from 20 to 30 when there is an increase in price from N4 to N5, the elasticity of deman is_______
- A. Zero
- B. 10
- C. 2
- D. 1
Correct Answer: C. 2
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