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Marcus Says That He Would Smoke One Pack of Cigarettes

Question 54

Multiple Choice

Marcus says that he would smoke one pack of cigarettes each day regardless of the price.If he is telling the truth,Marcus's


A) demand for cigarettes is perfectly inelastic.
B) price elasticity of demand for cigarettes is infinite.
C) income elasticity of demand for cigarettes is 0.
D) More than one of the above is correct.

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