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Blondebombshell Blondebombshell
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5 years ago
If a 10 percent change in the price of a good caused a 10 percent change in the quantity demanded of the good, we would say that over this range of prices the good has a(n)
A) elastic demand.
B) inelastic demand.
C) perfectly elastic demand.
D) unit elasticity of demand.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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pencils13pencils13
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#2
5 years ago
Just confirmed the same answer from my friend, thanks
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