If the price elasticity of demand for a commodity is less than unity, a decrease in price would result in

If the price elasticity of demand for a commodity is less than unity,

1.	If the price elasticity of demand for a commodity is less than unity, a decrease in price would result in
Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/proportionately-7705336" style="font-weight:bold;" target="_blank" title="Click to know more about PROPORTIONATELY">PROPORTIONATELY</a> <a href="https://interviewquestions.tuteehub.com/tag/less-1071906" style="font-weight:bold;" target="_blank" title="Click to know more about LESS">LESS</a> in the quantity demanded.<br/>Prooportionately more <a href="https://interviewquestions.tuteehub.com/tag/inceases-2126268" style="font-weight:bold;" target="_blank" title="Click to know more about INCEASES">INCEASES</a> in the quantity demanded.<br/>Increases in total <a href="https://interviewquestions.tuteehub.com/tag/expenditure-980222" style="font-weight:bold;" target="_blank" title="Click to know more about EXPENDITURE">EXPENDITURE</a> on the product.<br/>none of these.</p>Solution :N/a</body></html>