If an increase in the price of a commodity lead... - JAMB Economics 1998 Question
If an increase in the price of a commodity leads to increase in total revenue, then it means that the demand for this commodity is?
A
normal
B
elastic
C
inelastic
D
abnormal
Ask EduPadi AI for a Detailed Answer
Correct Option: C
Please share this, thanks:
#JAMB #JAMB
Add your answer
No responses