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Jean-Paul Says That He Will Spend Exactly 75 Cents a Day

Question 124

Multiple Choice

Jean-Paul says that he will spend exactly 75 cents a day on M&Ms,regardless of the price of M&Ms.Jean-Paul's demand for M&Ms is

A) perfectly elastic.
B) unit elastic.
C) perfectly inelastic.
D) None of the above answers is correct.

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