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Eduncle posted an MCQ
February 21, 2020 • 19:46 pm 0 points
  • UGC NET
  • Commerce

The following are the two statements regarding elasticity of demand and its measurement

Statement I : On every point on the straight line demand curve, the point elasticities are all equal
Statement Il : On every point on the rectangular hyperbola shaped demand curve, the point elasticities are not equal
Select the correct option for those below:

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