Multiple Choice
Suppose that David buys the same number of energy drinks every weekend no matter what happens to the price of the energy drinks. What does this suggest about David's demand for energy drinks?
A) It is elastic.
B) It is perfectly inelastic.
C) It is unit elastic.
D) It is not something that can be characterized without knowing the prices of the energy drinks.
Correct Answer:
Verified
Correct Answer:
Verified
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