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Given the following four possibilities ,which one results in an increase in total consumer expenditure?a)Demand is unitary elastic & price fallsb)Demand is elastic & price risesc)Demand is inelastic & price fallsd)Demand is inelastic & price risesCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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Given the following four possibilities ,which one results in an increase in total consumer expenditure?a)Demand is unitary elastic & price fallsb)Demand is elastic & price risesc)Demand is inelastic & price fallsd)Demand is inelastic & price risesCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Given the following four possibilities ,which one results in an increase in total consumer expenditure?a)Demand is unitary elastic & price fallsb)Demand is elastic & price risesc)Demand is inelastic & price fallsd)Demand is inelastic & price risesCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Given the following four possibilities ,which one results in an increase in total consumer expenditure?a)Demand is unitary elastic & price fallsb)Demand is elastic & price risesc)Demand is inelastic & price fallsd)Demand is inelastic & price risesCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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