ECONOMICS (CBSE/UGC NET)

ECONOMICS

ELASTICITY OF DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A football club raises all stadium seat prices by 5%. The stadium is divided into four zones. The quantity sold of seats falls by 1% in zone W, by 3% in zone X, by 5% in zone Y and by 6% in zone Z.In which zone is the responsiveness of demand for seats to the price change elastic?
A
W
B
X
C
Y
D
Z
Explanation: 
There is 1 question to complete.