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6 Oct 2020
If the percentage change in the quantity demanded of a good is less than the percentage change in price, the price elasticity of demand is:
A) Elastic
B) Inelastic
C) Perfectly inelastic
D) Unitary elastic
If the percentage change in the quantity demanded of a good is less than the percentage change in price, the price elasticity of demand is:
A) Elastic
B) Inelastic
C) Perfectly inelastic
D) Unitary elastic
malupiton2022Lv10
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