The elasticity of demand of durable goods is

The elasticity of demand of durable goods is

Q. The elasticity of demand of durable goods is:

  1. More elastic
  2. Less elastic
  3. Zero elastic
  4. Infinite elastic

Answer: More elastic

Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page