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If Consumers Were Largely Indifferent to a $0

Question 21

Multiple Choice

If consumers were largely indifferent to a $0.10 increase in the price of a gallon of milk,the rise can be said to fall within customers' ________.


A) price indifference band
B) price elasticity zone
C) price inelasticity range
D) coefficient of ambivalence
E) none of the above

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