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Title: We say that a good has elastic demand whenever the absolute value of the price elasticity of demand ... Post by: sarah963 on Aug 20, 2018 We say that a good has elastic demand whenever the absolute value of the price elasticity of demand is greater than one. A one percent change in price therefore causes
A) exactly a one percent change in the quantity demanded. B) a change of less than one percent in the quantity demanded. C) a greater than one percent change in quantity demanded. D) a change that cannot be determined based on one percent. Title: We say that a good has elastic demand whenever the absolute value of the price elasticity of demand ... Post by: EllieIx88 on Aug 20, 2018 Content hidden
Title: We say that a good has elastic demand whenever the absolute value of the price elasticity of demand ... Post by: sarah963 on Aug 20, 2018 Oh god, I was lost before coming here. Thanksss
Title: We say that a good has elastic demand whenever the absolute value of the price elasticity of demand ... Post by: EllieIx88 on Aug 20, 2018 Great, make sure you mark the topic solved, it hides it from other eyes :)
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