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.

A 5% fall in the price of X leads to a 10% rise in its demand. In case

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» X Y Both X and Y are EQUALLY elastic Both X and Y are inelastic Solution :N/a