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From the following determinants of the price elasticity of demand, indicate the correct code for the determinants having a positive relationship with the degree of the price elasticity of demand: (a) Range of substitutes of the commodity(b) Extent of the different uses of the commodity(c) Portion of the income of the buyer spent on the commodity(d) Income group of buyers purchasing the commodity Code:

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1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


From the following determinants of the price elasticity of demand, indicate the correct code for the determinants having a positive relationship with the degree of the price elasticity of demand: <br />(<em>a</em>) Range of substitutes of the commodity<br />(<em>b</em>) Extent of the different uses of the commodity<br />(<em>c</em>) Portion of the income of the buyer spent on the commodity<br />(<em>d</em>) Income group of buyers purchasing the commodity<br /> <em>Code:</em>






 
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