ECONOMICS

JAMB 2008 - Question 10

Economics 2008 JAMB Past Questions - Question 10: If the demand elasticity coefficient of cars is 0.5, it implies that the demand for petrol is

Choose the correct answers from the options given.
If the demand elasticity coefficient of cars is 0.5, it implies that the demand for petrol is
A:
B:
C:
D:
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Correct Answer

C

Explanation