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Which one of the following four possibil...

Which one of the following four possibilities, results in an increase in total consumer expenditure ?

A

Demand is unitary elastic and price falls.

B

Demand is elastic and price rises.

C

Demand is inelastic and price falls.

D

Demand is inelastic and price rises.

Text Solution

Verified by Experts

The correct Answer is:
d
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FULL MARKS-ELASTICITY OF DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
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