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Elasticity of demand for necessities is : (a) Zero (b) Unlimited (c) Greater than unity (d) Less than unity

+2 votes

asked Jan 7, 2019 in Class 12 by kratos

Elasticity of demand for necessities is :

(a) Zero

(b) Unlimited

(c) Greater than unity

(d) Less than unity

isc
integral calculus
class-11
class-10
icse
applications of differentiation
class-12

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1 Answer

+3 votes

answered Sep 22, 2020 by kratos

Best answer

Elasticity of demand for necessities is zero.

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