If the price elasticity of demand is less than one, then the

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78

M: +2.00/-0.50

If the price elasticity of demand is less than one, then the demand for the goods is said to be ______.

[SSC CHSL 14th March 2023 Shift-2 With Answers]

A

Perfectly inelastic

B

Inelastic

C

Perfectly elastic

D

Unitary-elastic

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