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When Priced at US$15, Elham Sells 20 Boxes of Her

Question 11

Multiple Choice

When priced at US$15, Elham sells 20 boxes of her special organic soap and at US$20 she sells 10 boxes. This shows that the demand for her organic soaps is


A) price inelastic.
B) price elastic.
C) perfectly price elastic.
D) unit price elastic.

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