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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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