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Two friends Krish and Krishna drive up to the petrol pump - without looking at the price each place an order - Krish says fill
- Two friends Krish and Krishna drive up to the petrol pump - without looking at the price each place an order - Krish says fill 10 liters of petrol and Krishna says fill 400 rupees of petrol. What is price elasticity of demand (elastic or inelastic) for each and why is it so?
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