If the quantity demanded of a commodity increases from 20 to 30 units where there is an increase in price from 4naira to 5 naira, the elasticity of demand is

Similar Questions

Under a system of freely floating exchange rates, an increase in the international value of a countr...

The value of money depends primarily on? ...

Limited liability in Economics means that ...

Total revenue is always equal to ...

These are the objectives of industrial strategies in Nigeria EXCEPT ...

The major factor that causes fluctuations in the supply of agricultural produce is ...

The population of a country in a certain year was fifty million and her per capita income was $2,050...

Taxes levied on goods and services by government are called ...

A limited liability company is owned by the ...

The business risks of a public corporation are borne ultimately________ ...