If a 10k per kg, 1000kg of yam were purchased and at 5k per kg, 1,500kg were purchased, the resultant point elasticity of demand is?
-
A.
0.33 -
B.
0.0001 -
C.
1 -
D.
10,000
You May Also Like
Which of the following is lacking in the diet of a person with kwashiorkor?
Which of the following is lacking in the diet of a person with kwashiorkor? A. proteins B. carbohydrates…
A termite with a relatively large head and powerful jaws is likely to be a
A termite with a relatively large head and powerful jaws is likely to be a A. king B.…
Which of the following factors CANNOT be used to explain the nature and pattern of…
Which of the following factors CANNOT be used to explain the nature and pattern of distribution of savannah…
The shares of a company listed on the stock exchange for sale are referred to…
The shares of a company listed on the stock exchange for sale are referred to as? A. registered…
Normally any character shown by an organism is due to the effects of
Normally any character shown by an organism is due to the effects of A. hormones and chromosomes B.…