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Business, 06.06.2021 14:00 wendii87wh

1.Is the demand for Good X Elastic or Inelastic between $9 and $10? Use the above demand schedule to answer this. explain(3 marks) 2.What happens to the Demand Curve of a Good X if the price of Good Y (a

substitute good) increases?Explain why the demand curve for Good X changed?(3 marks)

3.What type of demand would there be for a good that had NO substitutes? explain(2 marks)

4.There is an expectation that the

price of the product will soon

fall, what happens to demand(2 marks)

class 10 icse economics applications- chapter- demand pls help me i need urgent answer i will be very grateful pls help me

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1.Is the demand for Good X Elastic or Inelastic between $9 and $10? Use the above demand schedule t

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