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Answer: C- less than 1.Step-by-step explanation: If the absolute value of the ...

avesr12

<div>When demand is relatively price inelastic, in absolute terms it means that the price elasticity of demand is:</div>
<div>(A) equal to 1.</div>
<div>(B) greater than 1.</div>
<div>(C) less than 1.</div>
<div>(D) less than 0.</div>

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