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If the quantity demanded of a commodity increases from 20 to 30 units where there is an ...

If the quantity demanded of a commodity increases from 20 to 30 units where there is an increase in price from 4naira to 5 naira, the elasticity of demand is
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  • A 0.0
  • B 1
  • C 2
  • D 5
Correct Answer: Option C
Explanation:

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