Solved

Demand Is Price Inelastic If ________ Percentage Change in the Price

Question 100

Multiple Choice

Demand is price inelastic if ________ percentage change in the price leads to a ________ percentage change in the quantity demanded.

A) a small; large
B) a large; small
C) any; large
D) Both answers A and B are correct.
E) None of the above answers is correct.

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