The diagram shows the demand curve for a product.
Which statement is correct?

1 )
Demand is less elastic at higher prices than at lower prices.
2 )
Consumer expenditure on the product always rises when price falls.
Price elasticity of demand is different at every price.
4 )
Price elasticity of demand equals one at every price.
تحلیل ویدئویی تست
تحلیل ویدئویی برای این تست ثبت نشده است!