UTpaper

Free mock tests & test series

Question 126Asked in DSSSB TGT Computer Science, 24 Jun 2023, Shift 3 (4:30 PM)

Elasticity of demand explains the ______ of the correlation between price and quantity.

  1. Alevel, degree and angle
  2. Bangle
  3. Clevel
  4. Ddegree
Show answerHide answer

Correct answer: (D) degree

Explanation

Elasticity of demand measures the degree (extent) of responsiveness of quantity demanded to a change in price.

From DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM)

This is question 126 of DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.