Multiple Choice
When the rental price of DVD movies is $4,Denise rents five per month.When the price is $3,she rents nine per month.Denise's demand for DVD rentals is
A) elastic,and her demand curve would be relatively flat.
B) elastic,and her demand curve would be relatively steep.
C) inelastic,and her demand curve would be relatively flat.
D) inelastic,and her demand curve would be relatively steep.
Correct Answer:
Verified
Correct Answer:
Verified
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