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  3. Study Set
    Microeconomics Canada
  4. Exam
    Exam 4: Elasticity
  5. Question
    When the Price Elasticity of Demand Is ________,Demand for the Good
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When the Price Elasticity of Demand Is ________,Demand for the Good

Question 107

Question 107

Multiple Choice

When the price elasticity of demand is ________,demand for the good is elastic.


A) positive
B) greater than 1
C) equal to 1
D) between 1 and zero
E) equal to zero

Correct Answer:

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