ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Irrespective of price, Sofia always spends Rs. 100 a week on ice cream, we conclude that:
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Elasticity of demand is 0
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Elasticity of demand is 1
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Elasticity of demand is infinite
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The law of demand has been violated
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Explanation:
Detailed explanation-1: -Elasticity of demand is infinite
There is 1 question to complete.