Arrange the following coefficients of price elasticity of demand in as

1.	Arrange the following coefficients of price elasticity of demand in ascending order: -0.7, -0.3, -1-1, -0.8.
Answer» <html><body><p></p>Solution :Ascending Order : -0.3,-0.7,-0.8,-1.1 ( minus <a href="https://interviewquestions.tuteehub.com/tag/sign-1207134" style="font-weight:bold;" target="_blank" title="Click to know more about SIGN">SIGN</a> only repersents the <a href="https://interviewquestions.tuteehub.com/tag/inverse-1050621" style="font-weight:bold;" target="_blank" title="Click to know more about INVERSE">INVERSE</a> <a href="https://interviewquestions.tuteehub.com/tag/relation-1183220" style="font-weight:bold;" target="_blank" title="Click to know more about RELATION">RELATION</a> between price and quantity demanded)</body></html>

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