Waec 2023 Economics Question 7

Practice objective / multiple choice question 7 from the 2023 Waec Economics examination. This question covers Economics .

Waec 2023 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 7 WAEC • 2023 • ECONOMICS • objective

If the demand for a commodity remains constant as price increases, the commodity is said to be

Answer Options

A. price elastic.
B. unit price elastic.
C. price inelastic.
Correct Answer D. perfectly price inelastic.
Correct Answer
D
Correct Option:
perfectly price inelastic.

About This Question

This is Waec 2023 Economics Question 7. It is one of the objective questions from the 2023 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Waec 2023 Economics Questions More Waec Practice Questions Back to Questions

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