To determine the effect a 25 percent increase in the price of apples has on the number of apples demanded, you must know the value of the ……?
Select ONE answer:
- Cross-elasticity of demand.
- Price elasticity of demand.
- Income elasticity of demand.
- Price elasticity of supply.
What are the advantages and disadvantages to employers and employees of “Division of Labour”?
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This is multiple choice question is suitable for Economics KS5 classes.
The answer is 2
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