Elastic demand is the type in which a change in

price

  • A brings about greater change in quantity of goods demanded
  • B of a commodity leads to little or no change in demand
  • C leads to equal change in commodity demanded
  • D may not change the demand of quantity of commodity.
jamb 2013agricultural-science

The correct answer is C. leads to equal change in commodity demanded

elastic demand is The variation in demand in response to a variation in price. It may also be defined as the ratio of the percentage change in demand to the percentage change in price of particular commodity. (when the change in price of a commodity, also leads to an equal change in quantity demanded.)

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