If the price elasticity is -0.3 this means ?

A. A price fall would increase revenue

B. Demand is upward sloping

C. Demand is price elastic

D. Demand is price inelastic

Found an error? Read our corrections policy and report it in the comments below.

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.