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Elasticity of demand explains the ______ of the correlation between price and quantity.

3691Medium DSSSB TGT Computer Science 0 replies

Elasticity of demand explains the ______ of the correlation between price and quantity.

  • Alevel, degree and angle
  • Bangle
  • Clevel
  • Ddegree
Correct answer: D

Explanation

Elasticity of demand explains the degree of the correlation between price and quantity demanded.
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