1.

A 5% fall in the price of X leads to a 10% rise in its demand. In case of GoodY , a2% rise in price leads to a 6% fall in its demand. In the given case, _______ is more elastic.

Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/x-746616" style="font-weight:bold;" target="_blank" title="Click to know more about X">X</a><br/>Y<br/>Both X and Y are <a href="https://interviewquestions.tuteehub.com/tag/equally-2065515" style="font-weight:bold;" target="_blank" title="Click to know more about EQUALLY">EQUALLY</a> elastic<br/>Both X and Y are inelastic</p>Solution :N/a</body></html>


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