Multiple Choice
Every month Olivier buys exactly 6 take-out pizzas even though the price may fluctuate significantly.Apparently,Olivier's price elasticity of demand for take-out pizza is
A) -1.
B) 0.
C) 1.
D) 6.
E) infinity.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q79: Consider an excise tax imposed on daily
Q80: Suppose you are advising the government on
Q81: As the price for some product decreases
Q82: Suppose a decrease in world demand for
Q83: What does the following statement imply about
Q85: Which of the following statements would you
Q86: For a normal good,the quantity demanded<br>A)responds inversely
Q87: For which of the following pairs of
Q88: If the income elasticity of demand for
Q89: If the demand for some good fluctuates,but