School
NGR
Welcome to Schoolngr.com
Home
School
News
C B T
Classroom
Search SchoolNGR
Search
Monday, 06 April 2026
Register
.
Login
Your browser does not seems to have Javascript enabled. Please enable Javascript in order to use all the features of this website!
If the price elasticity of demand for a good is 0.43, an increase in the price of the ...
Classroom
Economics Classroom
Jamb
Jamb 2001
The Theory Of Demand
Types, Nature And Determinants Of Elasticity And Their Measurement
Price Elasticity Of Demand
More Topics
If the price elasticity of demand for a good is 0.43, an increase in the price of the good will result in?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
An increase in profit by 43%
B
A net gain
C
A decrease in profit 43%
D
A net loss
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
Prev
Current
Next
Share question on:
Facebook
X
WhatsApp
Study Subjects
Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
Auto Mechanics
Basic Electronics
Biology
Bookkeeping
Block laying, bricklaying, and concreting work
Load More Subject
Stay Updated
Follow us on:
Facebook
X