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If the Demand Curve for a Good Always Has Unitary

Question 67

Multiple Choice

If the demand curve for a good always has unitary price elasticity,what does this imply about consumer behavior?


A) Consumers do not react to a price change.
B) Consumers will spend a constant total amount on the good.
C) Consumers are irrational.
D) Consumers do not obey the Law of Demand.

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