Waec Model Questions Vol1 2022 Economics Question 23
Practice objective / multiple choice question 23 from the 2022 Waec Model Questions Vol1 Economics examination.
The price of a bag of rice rises from ₦200 to ₦250 and the quantity demanded falls from 5,000 bags to 4,000 bags. Compute the price elasticity of demand for rice.
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About This Question
This is Waec Model Questions Vol1 2022 Economics Question 23. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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