Price (N) Quantity demanded (kg) 12 200 8 240 What is the price elasticity of
AGRICULTURE
WAEC 2018
Price (N) | Quantity demanded (kg) |
| 12 | 200 |
| 8 | 240 |
- A. 0.3
- B. 0.4
- C. 0.5
- D. 0.6
Correct Answer: D. 0.6
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *