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    Economics USA
  4. Exam
    Exam 5: Market Demand and Price Elasticity
  5. Question
    If Price Elasticity of Demand Is 0
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If Price Elasticity of Demand Is 0

Question 64

Question 64

Multiple Choice

If price elasticity of demand is 0.3,the demand for the commodity is


A) of unitary elasticity.
B) price postelastic.
C) price elastic.
D) price inelastic.
E) price preelastic.

Correct Answer:

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