Post Utme Lead City University 2020 Economics Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2020 Economics Objective / Multiple Choice
Question 22 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ECONOMICS • objective

The demand for a commodity is said to be inelastic if a change in the price of the commodity leads to a

Answer Options

A. large increase in the quantity demanded
B. small increase in the quantity demanded
Correct Answer C. large decrease in the quantity demanded
D. small decrease in the quantity demanded
Correct Answer
C
Correct Option:
large decrease in the quantity demanded

About This Question

This is Post Utme Lead City University 2020 Economics Question 22. It is one of the objective questions from the 2020 Post Utme Lead City University Economics examination.

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