Waec 2021 Economics Question 11

Practice objective / multiple choice question 11 from the 2021 Waec Economics examination.

Waec 2021 Economics Objective / Multiple Choice 2 Difficulty
Question 11 WAEC • 2021 • ECONOMICS • objective

The price of soap rose from $10 to $20, causing a trader to increase her supply from 50 to 120 boxes per week. This makes supply

Answer Options

A. unitary elastic.
B. perfectly inelastic.
Correct Answer C. fairly elastic.
D. inelastic.
Correct Answer
C
Correct Option:
fairly elastic.

About This Question

This is Waec 2021 Economics Question 11. It is one of the objective questions from the 2021 Waec Economics examination.

Difficulty level: 2 .

View More Waec 2021 Economics Questions More Waec Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support