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  • Price Elasticity of Demand of luxury goods is … #321
  • Price Elasticity of Demand of goods in short-run period: #322
  • If the percentage change in quantity demanded is less than the percentage change in price. #323
  • If the percentage change in quantity demanded is greater than percentage change in price. #324
  • Perfectly Inelastic Supply curve is … #325
  • Supply is said to be unit elastic if the absolute value of the own price elasticity is equal to … #326
  • Calculating the Price Elasticity of Supply by the percentage change in the quantity supplied due to the percentage change in price is … method. #327
  • Rational consumer will take an action only when the marginal benefit of the action … the marginal cost. #328
  • Price Elasticity of Supply of perishable goods is … #329
  • In order to control the market outcomes Government use the tools of #330
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