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0 votes
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in Economics by (59.2k points)

Which of the following is not a type of positive income elastic demand?

(A) Elasticity of demand greater than unity
(B) Unit income elastic demand
(C) Elasticity of demand less than unity
(D) Perfectly elastic demand

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1 Answer

+1 vote
by (62.4k points)

Correct option is (D) Perfectly elastic demand

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