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When price falls by 5% and demand increase by 6%, then elasticity of demand is______.a)Elasticb)Inelasticc)Unitary elasticd)Zero.Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about When price falls by 5% and demand increase by 6%, then elasticity of demand is______.a)Elasticb)Inelasticc)Unitary elasticd)Zero.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When price falls by 5% and demand increase by 6%, then elasticity of demand is______.a)Elasticb)Inelasticc)Unitary elasticd)Zero.Correct answer is option 'A'. Can you explain this answer?.

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