Multiple Choice
Along the inelastic portion of a demand curve,
A) the change in price will always be less than the change in quantity demanded.
B) the percentage change in price will be less than the percentage change in quantity demanded.
C) the change in price will always be more than the change in quantity demanded.
D) the percentage change in price will be more than the percentage change in quantity demanded.
Correct Answer:
Verified
Correct Answer:
Verified
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