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Give two examples of inelastic demand. - Economic Applications

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Question

Give two examples of inelastic demand.

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Solution

Examples: The demand for textbooks, medicines will be inelastic.

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Chapter 2: Elasticity of Demand - QUESTION BANK [Page 45]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 2 Elasticity of Demand
QUESTION BANK | Q 4. b | Page 45

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