Multiple Choice
The price elasticity of demand for oranges ________ if the quantity is measured in pounds instead of kilograms and ________ if the price is measured in dollars instead of cents.
A) changes;changes
B) changes;does not change
C) does not change;changes
D) does not change;does not change
E) increases;decreases
Correct Answer:
Verified
Correct Answer:
Verified
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