If E₁ Is the Demand Elasticity for a Product After

Multiple Choice

If E₁ is the demand elasticity for a product after a price change has been in effect one day, E₂ is the demand elasticity for that product after one week, and E₃ is demand elasticity for that product after one month,

A) |E₁| > |E₂| > |E₃|
B) |E₂| > |E₃| > |E₁|
C) |E₃| > |E₁| > |E₂|
D) |E₃|> |E₂| > |E₁|