Multiple Choice
At a price of $20, Daphne sells 35 hand-painted dog collars per week.When she raised her price to $25, she sold 28 per week.Based on this information, the demand for her dog collars is
A) perfectly elastic.
B) inelastic.
C) unit elastic.
D) elastic.
Correct Answer:
Verified
Correct Answer:
Verified
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