Question : Which one is not the type of elasticity of demand?
Option 1: Price elasticity of demand
Option 2: Income elasticity of demand
Option 3: Cross elasticity of demand
Option 4: Consumer elasticity of demand
Correct Answer: Consumer elasticity of demand
Solution :
Demand elasticity, income elasticity, cross elasticity, and price elasticity are the four different types of elasticity.
Hence d is the correct answer.