Search SchoolNGR

Thursday, 14 May 2026
Register . Login

Demand is said to be elastic when a percentage change in price

Demand is said to be elastic when a percentage change in price
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Results in an infinite change in demand
  • B Results in an increase in quantity demanded
  • C Results in an exact change in demand
  • D Is less than one
Correct Answer: Option B
Explanation:

Share question on: