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      Question

      Coefficient of elasticity of demand is negative. It

      means:
      A Consumers sometimes buy negative units of a commodity Correct Answer Incorrect Answer
      B Price and quantity demanded move in same direction Correct Answer Incorrect Answer
      C Law of demand holds Correct Answer Incorrect Answer
      D The two goods are complementary to each other Correct Answer Incorrect Answer

      Solution

      Coefficient of elasticity of demand is negative. It means Law of demand holds

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