Multiple Choice
The list below refers to the price elasticity of demand.
1) perfectly inelastic
2) perfectly elastic
3) unitary elasticity
4) elastic
5) inelastic
-Refer to the information above to answer this question.What is a demand when a change in quantity leaves total revenue unchanged?
A) 1.
B) 2.
C) 3.
D) 4.
E) 5.
Correct Answer:
Verified
Correct Answer:
Verified
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