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Each Month Jacquelyn Spends Exactly $50 on Ice Cream Regardless

Question 293

Multiple Choice

Each month Jacquelyn spends exactly $50 on ice cream regardless of the price of each container.Jacquelyn's price elasticity of demand for ice cream is:


A) 0.
B) 1.
C) greater than 1.
D) less than 1 but greater than 0.

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