CA Foundation Exam > CA Foundation Questions > In the ‘kinked-demand’ curve mode...
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In the ‘kinked-demand’ curve model, the upper portion of the demand curve is:
- a)Elastic
- b)Inelastic
- c)Perfectly Elastic
- d)Unitary
Correct answer is option 'A'. Can you explain this answer?
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In the ‘kinked-demand’ curve model, the upper portion of t...
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In the ‘kinked-demand’ curve model, the upper portion of t...
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In the ‘kinked-demand’ curve model, the upper portion of the demand curve is:a)Elasticb)Inelasticc)Perfectly Elasticd)UnitaryCorrect answer is option 'A'. Can you explain this answer?
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