Multiple Choice
The elasticity of demand is
A) measured in money (e.g., dollars) .
B) measured in units of the good (e.g., slices of pizza) .
C) a pure number (e.g. unitless) .
D) measured in money/unit (e.g., 1.50 $/slice of pizza) .
Correct Answer:
Verified
Correct Answer:
Verified
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