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Thursday, 02 April 2026
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Import duties will increase total expenditure on imports if the demand for imports is?

Import duties will increase total expenditure on imports if the demand for imports is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Elastic
  • B Inelastic
  • C Infinitely elastic
  • D Derived
Correct Answer: Option B
Explanation:

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