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Other Fields Homework Help Economics Topic started by: meganA on Mar 3, 2019



Title: When the absolute price elasticity of demand equals 0.9, demand is
Post by: meganA on Mar 3, 2019

Question 1.

When the absolute price elasticity of demand equals 2.5, demand is

• elastic.

• unit-elastic.

• inelastic.

• undetermined without more information.

Question 2.

When the absolute price elasticity of demand equals 0.9, demand is

• elastic.

• unit-elastic.

• inelastic.

• undetermined without more information.


Title: When the absolute price elasticity of demand equals 0.9, demand is
Post by: jzhu11 on Mar 3, 2019

Answer 1

elastic.

Answer 2

inelastic.


Title: When the absolute price elasticity of demand equals 0.9, demand is
Post by: meganA on Mar 3, 2019
TY


Title: When the absolute price elasticity of demand equals 0.9, demand is
Post by: jzhu11 on Mar 3, 2019
Welcome :)