Multiple Choice
If the total expenditure on perfume increases when the price of perfume falls,the price elasticity of demand is
A) unity (demand is unit elastic) .
B) not determinable from the information given.
C) exactly zero.
D) less than one (demand is inelastic) .
E) greater than one (demand is elastic) .
Correct Answer:

Verified
Correct Answer:
Verified
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