Waec 2024 Economics Question 7

Practice objective / multiple choice question 7 from the 2024 Waec Economics examination. This question covers Economics .

Waec 2024 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 7 WAEC • 2024 • ECONOMICS • objective

Price elasticity of demand is the A. responsiveness of quantity demanded to a change in A. demand for the product. B. price of another product. C. income of the buyer. D. price of the product.

Answer Options

Correct Answer A. responsiveness of quantity demanded to a change in A. demand for the product.
B. price of another product.
C. income of the buyer.
D. price of the product.
Correct Answer
A
Correct Option:
responsiveness of quantity demanded to a change in A. demand for the product.

About This Question

This is Waec 2024 Economics Question 7. It is one of the objective questions from the 2024 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Waec 2024 Economics Questions More Waec Practice Questions Back to Questions

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