Multiple Choice
Figure 6-3
-Along the elastic portion of a demand curve, the
A) change in price will always be greater than the change in quantity demanded.
B) percentage change in quantity demanded will be less than the percentage change in price.
C) change in price will always be less than the change in quantity demanded.
D) percentage change in price will be less than the percentage change in quantity demanded.
Correct Answer:

Verified
Correct Answer:
Verified
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