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  • Elasticity of demand is classified into ____ kinds.
Multiple choice

Elasticity of demand is classified into ____ kinds.

  1. two

  2. three

  3. four

  4. five

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Elasticity of demand is classified into three kinds; Price Elasticity Demand, Income Elasticity Demand, and Cross Elasticity Demand.

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