ECONOMICS

JAMB 2023 - Question 9

Economics 2023 JAMB Past Questions - Question 9: If the demand elasticity coefficient of cars is 0.5, it implies that the demand for petrol is

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

D

Explanation