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    When the price elasticity of demand is low, the demand curve will be .

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    When the price elasticity of demand is low, the demand curve will be _______.

    Medium Open in App Solution Verified by Toppr

    A demand curve for a product with low elasticity appears to be steeper, because the quantity demanded doesn't change much, even if prices do. Products with low price elasticity are described as being inelastic.

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    If elasticity of demand is very low it shows that the commodity is

    If elasticity of demand is very low it shows that the commodity is

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    If elasticity of demand is ve...

    If elasticity of demand is very low it shows that the commodity is

    Updated On: 27-06-2022

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    105881816 29 1.8 K 3:40 यदि चित्र, बहुपद f(x)=a x 2 +bx+c f(x)=ax2+bx+c

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    यदि अमोनिया को गर्म किए हुए

    Cu Cu

    पर प्रवाहित किया जाता है, तो प्राप्त होता है-

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    If elasticity of demand is very low it shows that the

    If elasticity of demand is very low, it shows that the commodity is a) A necessity b) A luxury c) Has little importance in total budget d) a' and 'c' above

    Examveda

    If elasticity of demand is very low, it shows that the commodity is

    A. A necessity B. A luxury

    C. Has little importance in total budget

    D. a' and 'c' above

    Answer: Option D

    Solution(By Examveda Team)

    If elasticity of demand is very low, it shows that the commodity is necessity and has little importance in total budget.

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