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If a Good Has a Price Elasticity of Demand Equal

Question 6

Multiple Choice

If a good has a price elasticity of demand equal to 0,________.


A) the percentage change in the quantity demanded of the good will be greater than the percentage change in its price
B) the demand curve for the good will be upward-sloping
C) the smallest increase in its price will cause consumers to stop consuming it completely
D) the quantity demanded of the good will be completely unaffected by a change in its price

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