Demand is relatively inelastic

Question 1 Report

Demand is relatively inelastic

at P₂ range

in the P₂ P ₄ price range

at P₃ only

at any price below P₂

View Answer

Download The App On Google Playstore

Everything you need to excel in JAMB, WAEC & NECO

Green Bridge CBT Mobile App

Personalized AI Learning Chat Assistant

Thousands of JAMB, WAEC & NECO Past Questions

Over 1200 Lesson Notes

Offline Support - Learn Anytime, Anywhere

Green Bridge Timetable

Literature Summaries & Potential Questions

Track Your Performance & Progress

In-depth Explanations for Comprehensive Learning