Business, 18.03.2020 23:49 Tamiahufflululu
When a one percent change in price causes a change in quantity demanded greater than one percent, demand for the product is
a. relatively elastic.
b. unitary elastic.
c. perfectly elastic.
d. relatively inelastic.
Answers: 3
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When a one percent change in price causes a change in quantity demanded greater than one percent, de...
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