In question No. 207. If the price of item No. A instead of increasing falls by 25% and still his total expenditure as well expenditure on item B remains same, the price elasticity of A will be

In question No. 207. If the price of item No. A instead of increasing

1.	In question No. 207. If the price of item No. A instead of increasing falls by 25% and still his total expenditure as well expenditure on item B remains same, the price elasticity of A will be
A.	1
B.	< 1
C.	> 1
D.	≥
Answer» B. < 1