Multiple Choice
When priced at US$10, Yasmin sells five packages of her home -made Mediterranean flat -bread per day. When she raised her price to US$15, she still sold five packages per day. Based on this information, the demand for her flat -bread is
A) price inelastic.
B) perfectly price elastic.
C) perfectly price inelastic.
D) unit price elastic.
Correct Answer:
Verified
Correct Answer:
Verified
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