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    Managerial Accounting Study Set 11
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    Exam 30: Pricing Products and Services
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    Demand for a Product Is Said to Be Inelastic If
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Demand for a Product Is Said to Be Inelastic If

Question 1

Question 1

True/False

Demand for a product is said to be inelastic if a change in price has a substantial effect on the number of units sold.

Correct Answer:

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