Exam Question
Coefficient of elasticity of demand is negative. It means:
- 1. Consumers sometimes buy negative units of commodity
- 2. Price and quantity demanded move in same capital
- 3. Law of demand holds
- 4. The two goods are complimentary to each other
View Answer
Answer 4. The two goods are complimentary to each other
Practice set and Exam Quiz
Yes! You can do Online MCQ practice of Managerial Economoics question set and give online exam quiz test for Managerial Economoics, so you can check your knowledge. You can get MCQ Study and Exam link from home page.