During lockdown due to COVID-19, a consumer finds the vegetable vendors selling vegetables in the street have raised the prices of vegetables than…
CA Foundation · Business Economics · MTP · January 2026
During lockdown due to COVID-19, a consumer finds the vegetable vendors selling vegetables in the street have raised the prices of vegetables than usual prices. She will buy ______ vegetables than/as her usual demand showing the demand of vegetables is ______.
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. same, inelastic demand
Topics: Theory of Demand and Supply
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