Which of the following commodities has the most inelastic demand and why? ( a) Soap, ( b)

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Which of the following commodities has the most inelastic demand and why?

(

a) Soap, (

b) Salt, (

c) Penicillin, (

d) Cigarettes and (

e) Ice-cream.

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Managerial Economics

ISBN: 9789325986688

8th Edition

Authors: D N DWIVEDI

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Question Posted: Oct 07, 2024 04:01 AM

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Which of the following commodities has the most inelastic demand and why? ( a) Soap, ( b)

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Managerial Economics

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