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Mandolina Mandolina
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7 years ago
If the price of Cleansall Soap is reduced and this leads to an increase in the quantity sold,
A) it can be concluded that demand is elastic.
B) demand must be inelastic.
C) nothing can be concluded about the elasticity of demand.
D) demand is of unitary elasticity.
E) demand is perfectly elastic.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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7 years ago
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Mandolina Author
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#2
7 years ago
Wwow, couldn't thank you enough
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