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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?
Most Upvoted Answer
In the ‘kinked-demand’ curve model, the upper portion of t...
Option a is answer upper side of kinked demand curve shouw elastic nd below shows inelastic.
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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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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? 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 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? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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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